BASIC PROPERTY TAX AMOUNT title: basic property tax amount (RE) (SAP Library - Glossary)
BASIC PROPERTY TAX AMOUNT category: Real Estate Management (RE)
BASIC PROPERTY TAX AMOUNT explained:
A tax amount set by the tax office in a property tax assessment notice. The rates vary by country. In Germany, the tax, related to the assessed value of the property, depends on the type of property:
Agricultural and forestry businesses - 6.0 per mille Single family homes, first 30,000 - 2.6 per mille Single family homes, remainder - 3.5 per mille Duplex homes - 3.1 per mille Condominiums - 3.5 per mille All others (apartment houses, undeveloped land) - 3.5 per milleMore terms such as basic property tax amount in Dictionary B.
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