property tax

property tax
A tax on the ownership of property, without reference to the particular name by which the tax is designated. 51 Am J1st Tax § 29. A tax assessed on all property or on all property of a certain class located within a certain class located within a certain territory on a specified date in proportion to its value, or in accordance with some other reasonable method of apportionment, the obligation to pay which is absolute and is not based upon any voluntary action of the person assessed. 51 Am J1st Tax § 29. A tax on things tangible or intangible, as distinguished from a tax on a right to use or transfer things, or on the proceeds of a business in which the use of things is essential. Anno: 103 ALR 20. Property taxes are not personal debts; they are enforced contributions to the state or taxing unit and unless otherwise provided are collectible only from the property assessed. Maricopa County v Trustees of Arizona Lodge, 52 Ariz 329, 80 P2d 956.

Ballentine's law dictionary. . 1998.

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