The Business Enterprise Value Component of Operating Properties
Real property taxes are levied against real estate only, or at least they should be. In virtually all taxing jurisdictions, real property (real estate) and tangible personal property (fixtures, equipment, machinery, furniture, and the like) are separated for valuation purposes. In some areas, tangible personal property of businesses is exempt from property taxation; in others, it is subject to different property tax rates or different valuation procedures, or both.
KeywordsReal Estate Supra Note Business Enterprise Shopping Center Shopping Mall
Unable to display preview. Download preview PDF.