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land tax

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.09 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.land taxland tax - a capital tax on property imposed by municipalities; based on the estimated value of the property
capital levy - a tax on capital or property
council tax - a tax levied on households by local authorities; based on the estimated value of the property and the number of people living in it

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20-year tax abatement programs which require owners to pay land tax help keep homes affordable.
From the unchallenged admiration in the eighteenth century to the threats of urbanization, agricultural depression, democratization, shifting land markets and changes in land tax laws, the economic value of the country always weighed into the equation of preservation, government intervention and the cultivation of a national attachment to country houses.
With the introduction, in 1872, of the 3 percent land tax payable in cash rather than the harvested rice, her family fortunes rapidly declined and went the way of many other peasant families as they gradually lost their five-acre farm.
 
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