Annual _____ taxes are paid on the value of a home.

A) income
B) profits
C) sales
D) property

Question

Annual _____ taxes are paid on the value of a home.A) incomeB) profitsC) salesD) property

Prince Jp'boy · Accepted Answer

Final Answer : D, Explanation :  Property taxes are paid on the assessed value of a property, including a home. Income taxes are paid on earnings, profits taxes are paid on gains from investments or businesses, and sales taxes are paid on goods and services purchased.

Annual _____ taxes are paid on the value of a home.

A) income
B) profits
C) sales
D) property

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Learning Objectives

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