- mill tax
- noun
: a tax of one or more tenths of a cent on each dollar of assessed valuation
Useful english dictionary. 2012.
mill tax
Look at other dictionaries:
mill — One tenth of one cent: $0.001. A mill rate is used by many localities to compute property taxes. For example, some states levy a one time nonrecurring tax of two mills per dollar (0.2%) on the fair market value of all notes, bonds, and other… … Law dictionary
Mill — may refer to: Mill (grinding), an equipment for the grinding or pulverizing of grain and other raw materials using millstones Milling machine, metalworking machine that operates by rotating a cutting bit while the workpiece is moved against the… … Wikipedia
mill rate — Tax applied to real property. Each mill represents $1 of tax assessment per $1000 of property value assessment. See also mill … Black's law dictionary
mill rate — Tax applied to real property. Each mill represents $1 of tax assessment per $1000 of property value assessment. See also mill … Black's law dictionary
Mill conversion — Massachusetts Mills Apartments, Lowell Mill Conversion (mill rehab) is a term used to describe the process whereby a usually historic mill or industrial factory building is restored or rehabilitated into another use, such as residential housing,… … Wikipedia
Mill Rate — The amount of tax payable per dollar of the assessed value of a property. The mill rate is based on mills ; as each mill is one thousandth of a currency unit, one mill is equivalent to one tenth of a cent or $0.001. Property tax in dollar terms… … Investment dictionary
Mill (currency) — The mill or mille (₥) (sometimes mil in the UK, when discussing property taxes in the United States, or previously in Cyprus and Malta) is a now abstract unit of currency used sometimes in accounting. In the United States, it is a notional unit… … Wikipedia
Mill Levy — The assessed property tax rate used by local governments and other jurisdictions to raise revenue in order to cover annual expenses. The mill levy is calculated by determining how much revenue each taxing jurisdiction will need for the upcoming… … Investment dictionary
Mill, John Stuart: Ethics and politics — J.S.Mill Ethics and politics R.F.Khan ON LIBERTY John Stuart Mill’s mature views on ethics and politics are to be found in On Liberty (published in 1859), Utilitarianism (1861), Considerations on Representative Government (1861) and The… … History of philosophy
mill — mill1 /mil/, n. 1. a factory for certain kinds of manufacture, as paper, steel, or textiles. 2. a building equipped with machinery for grinding grain into flour and other cereal products. 3. a machine for grinding, crushing, or pulverizing any… … Universalium
