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Tax-Exempt Property
(redirected from Tax-Exempt Properties)

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Tax-Exempt Property
Real estate that is not subject to property tax. A tax-exempt property may be owned by a government or by a charity, especially a house of worship. See also: Waqf.


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For the fiscal year that ended June 30, the assessed valuation of all tax-exempt properties in Worcester totaled $2.
In 1999, the Legislative Counsel Bureau looked at the many tax-exempt properties, products and entities throughout the state, which take up pages and pages in the Nevada Revised Statutes.
While government owned real estate is tax-exempt and provides a distinct service, most other tax-exempt properties provide virtually little or no benefit to the average local taxpayers.
 
 
 
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