Tax Type
Local Taxes
Property Tax
Description
Minimum Tax on Unimproved Property not Valid
Topic
Local Power to Tax
Local Taxes Discussion
Rate of Tax
Date Issued
04-19-1968
An incorporated town may not have a minimum real estate tax on unimproved property, consisting of vacant lots, which would be in excess of the tax rate set by the town, multiplied by the assessed value of said unimproved property. There is no statutory provision authorizing a town to impose such a minimum tax which would be at variance with that which would result from the application of the existing tax rate to the assessed value of the property in question.
Attorney General's Opinion