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Lucas filed suit asserting that the restrictions on the use of his lots was a taking of his property without just compensation. The lower court agreed and awarded Lucas $1,232,387.50 as just compensation for the regulatory taking. The government of South Carolina appealed, and the Supreme Court of South Carolina reversed. [2]
South Carolina – Aug. 1-3 ... States Without Tax-Free Days in 2025. ... there are some states that don’t offer a tax-free week or tax-free shopping day.
A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the state of Texas created to implement tax increment financing.They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property value.
Back to school shopping season will be here before you know it. Parents can ease the burden by taking advantage of the Texas tax-free weekend Aug. 11-13.
Back-to-school shoppers have saved millions of dollars since the holiday began in 2000, the state says.
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
Living in the Hilton Head area poses unique insurance risks.
He decides that he wants to buy an apartment building in the college town for the son and other students to rent while they are in school. His house has appreciated from $200,000 to $300,000. Therefore, he arranges for a section 1031 exchange, and buys the new property, thus avoiding the capital gains tax at that time.