Tax rates may be expressed only per $100 of assessed valuation.

Name: Tax rates may be expressed only per $100 of assessed valuation.
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Tax rates can be expressed in various ways, including per $100 of assessed valuation, as a percentage of the assessed value, or as a mill rate (per $1,000 of assessed value), depending on the jurisdiction and the specific tax laws in place.

Tax Rates May Be Expressed Only Per $100 of Assessed