4 ms·
Most societies already levy property taxes on real estate, including on unimproved land. I don't know how they assess the value of that land, but they must have
by yenwodyah 6y ago
Most societies already levy property taxes on real estate, including on unimproved land. I don't know how they assess the value of that land, but they must have a working method for it.
- throwaway201103 6y agoTypically it's assessed value inferred from market sales data from similar properties.