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The most conscientiously made business decisions can become irrelevant and even disastrous if managers take too long to make them.
Tax Bill
A statement from a government authority specifying the amount of tax owed by an individual or entity.
Proration
The allocation or division of financial amounts based on a proportionate distribution, often applied in billing, refunds, or dividends.
Taxable Year
The one-year period that is used for calculating taxes, which can be either a calendar year or a fiscal year.
Property Tax Rate
The percentage of the assessed value of real estate that is payable as tax to the local government.
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