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    Principles of Taxation
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    Exam 2: Policy Standards for a Good Tax
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    Vervet County Levies a Real Property Tax Based on the Following
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Vervet County Levies a Real Property Tax Based on the Following

Question 2

Question 2

Multiple Choice

Vervet County levies a real property tax based on the following schedule. Vervet County levies a real property tax based on the following schedule.   Bilex Inc. owns real property valued at $629,800. Compute Bilex's tax on this property. A)  $13,798 B)  $7,500 C)  $6,298 D)  None of the above Bilex Inc. owns real property valued at $629,800. Compute Bilex's tax on this property.


A) $13,798
B) $7,500
C) $6,298
D) None of the above

Correct Answer:

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