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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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what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
skelet666 [1.2K]

Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

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5 0
3 years ago
Giant Company has three products, A, B, and C. The following information is available:
myrzilka [38]

Answer:

$24,000

Explanation:

                             Product A      Product B     Product C

sales                        70,000            97000

Variable  cost           37000            51000

Contribution margin 33000            46000

Avoidable cost          10,000           20000

Unavoidable cost       7000             12000         9400

Operating income      16000            14000

Total operating income if product C is dropped is (16000+14000 +3400-9400)

=$24000

Please note that Giant company with still incur the unavoidable cost even if the product is dropped. This is assumed to be a portion of the fixed overhead expenses allocated to the product in the course of normal operation.However , the loss made of 3400 will be avoided as well

7 0
3 years ago
Managers who need strong technical skills and are responsible for assigning specific jobs to workers and evaluating their daily
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<span>supervisory The supervisor is a first level management job. This individual is responsible for a small group of people, usually doing the same job or very similar jobs. Typically the supervisor has significant experience doing the work of the individuals they supervise. The supervisor usually handles work assignments, timekeeping and problem-solving.</span>
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3 years ago
Malik asks Petra, an expert in sports collectibles, to help him find a buyer for his collection of autographed baseballs. Petra
igor_vitrenko [27]

Answer:

No Petra must not tell Malik about the offer

Explanation:

If Petra has no reason to believe that Malik would be interested since he specificly he would not consider any offer for less than $7500 and $1000 is less than the price Malik is looking for, he does not have to pass the offer on to him.

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3 years ago
The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g
Lunna [17]

Answer:

the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are  $5500

And Direct Materials are 2,250

Using the cross product rule

$3850    : 70

x          :   100

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And Direct Materials are = $2,250

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3 years ago
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