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leonid [27]
3 years ago
15

What happens to someone's property if they do not pay their taxes​

Business
2 answers:
Gre4nikov [31]3 years ago
5 0

Answer:

if they do not pay their taxes government ceil their properties..

azamat3 years ago
3 0
<h3>Hello there!</h3>

Your question asks what happens to someone's property if they do not pay their taxes.

<h3>Answer: They get evicted, the government now owns the property, and taxing officials sell the property to meet the amount of taxes lost.</h3>

First of all, you should always pay your taxes, whether or not you like it or not.

If someone doesn't pay their taxes, that's money that the government is losing, therefore they need to have a way to get that money that they didn't get from the person.

Therefore, taxing officials will take the person's property and sell it.

For example, if someone doesn't pay their property taxes for their house, they will get evicted. What being evicted means is being forced out of the property that is now owned by the government, due to the fact that they didn't pay the property tax. After they've been evicted, the taxing officials would sell the house, most likely as a foreclosure, in order to get the money back that the people who previously had the house didn't pay for. They do this because if someone doesn't pay their taxes, they lose money, so they need to get the money that they didn't get back.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3><h3 /><h3 />
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ivanzaharov [21]

Answer:

$20,000

Explanation:

Calculation to determine by what amount will Perry's earnings increase due to this lease

Using this formula

Selling price=Fair value-Cost

Let plug in the formula

Selling price=$125,000-$105,000

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Therefore The amount that Perry's earnings will increase due to this lease is $20,000

3 0
3 years ago
Suppose the cross-price elasticity of travelling by bus and travelling by train is 0.7. If the price of traveling by bus increas
galina1969 [7]

The quantity of traveling by train would change by 28%.

Cross-price elasticity measures how the quantity demanded of a good is affected by changes in the price of another good.

Cross price elasticity = percentage change in the quantity demanded of good A / percentage change in the price of good B.

0.7 = percentage change in the quantity of traveling by train / 40%

Percentage change in the quantity of traveling by train = 40 x 0.7 = 28%

To learn more about cross price elasticity, please check: brainly.com/question/26035503

8 0
2 years ago
________ is a collection of change methods that seek to improve organizational effectiveness and employee well-being.A) Organiza
____ [38]

Answer:

The correct option is A

Explanation:

OD ( Organizational Development) is the collection or group of the change methods which try to improve or enhance the effectiveness of the firm or organization and also the well being of the employee. OD methods value the human as well as the organization growth, participative and the collaborative processes and the spirit of inquiry.

6 0
3 years ago
Suppose that the alternative uses of an hour of your time in the evening, ranked from best to worst, are (1) study economics, (2
amid [387]
The opportunity cost of studying economics for one hour in this context would be: <span>Watching two half-hour TV sitcoms
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3 0
3 years ago
You are a student with a demanding schedule of classes. You also work part time and your supervisor allows you to determine your
Roman55 [17]

Answer: enough to earn some money but not too much to jeopardize your grade

Explanation:

Based on the scenario explained in the question, the student will earn enough to earn some money but not too much to jeopardize his or her grade.

Option A is incorrect as working for enough hours to get the money to pay for school means that the grades will be jeopardized as there won't be time to study or attend classes.

Option B is incorrect because working as much as the boss demands will have a negative effect on grades. Option C is incorrect as well.

The correct option is D.

7 0
2 years ago
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