Which, If Any, of the Following Transactions Will Decrease a Taxing

question 47

Multiple Choice

Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?

• A)A tax holiday is granted to an out-of-state business that is searching for a new factory site.
• B)An abandoned church is converted to a restaurant.
• C)A public school is razed and turned into a city park.
• D)A local university sells a dormitory that will be converted for use as an apartment building.
• E)None of these.

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Definitions:

Disadvantages

Negative or less favorable aspects of a situation, plan, or object that may hinder achieving a goal or lower overall effectiveness.

Teams

Groups of individuals working together towards a common goal, often characterized by collaborative efforts and shared responsibilities.

Effective Listeners

Effective listeners actively engage in the communication process, comprehending, retaining, and responding appropriately to the messages being conveyed.

Tactics

Specific actions or strategies designed to achieve a particular objective.