释义 |
Local taxes Local taxesProperty, sewer, school, or other community paid to a locality. Local taxes are usually deductible for federal income tax purposes.Local TaxA tax levied and collected by a state/province and or municipality. Local taxes are collected in order to fund local government services, but they often are also used to pay coupons and principals on municipal bonds. Local taxes sometimes come in the form of income or sales taxes, but the largest example of a local tax is property tax. |