Tax Analysts provides news, analysis, and commentary on tax-related topics, including the latest developments affecting treatment of property taxation.
Property taxation in the United States generally occurs at the local level and refers to taxes that are assessed on real estate by local governments and that are based on property values. Consequently, appraisals and valuations are of great importance to both the governments assessing the taxes and the property owners.
Rules, rates, procedures, change across jurisdictions. States do, however, enact legislation to ensure some uniformity, at least within the state. Tax Notes Today State has covered property tax law changes in Texas, Vermont, Washington, and Nevada.
Property taxation issues from around the United States are a large part of the coverage contained every day in Tax Notes Today State. One recent day alone contained court opinions from New Jersey and Oregon, legislation allowing for property tax abatements for data centers in Nevada, a news story covering Maine’s biennial budget plan, and a practice article addressing unclaimed property issues
Tax Analysts also covers state administrative regulations, both proposed and final, as well as administrative rulings, viewpoints ("California's Proposition 30: The Long Goodbye"), and other documents addressing property taxation.