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Home > Archive > Chess politics > October 2004 > Crossville's tax structure
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Crossville's tax structure
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| Miriling 2004-10-28, 12:46 am |
| In light of the recent vote of the USCF's executive board to move the USCF
headquarters to Crossville, Tennessee, here are some facts and figures
regarding the current tax structure in Crossville:
PROPERTY TAX CITY COUNTY
Rate per $100 value 70 cents $ 1.64 total = $ 2.34 per $100 value
SALES TAX CITY COUNTY STATE
0% 2.75% 7%
[Tennessee has one of the highest sales taxes in the country.]
State sales tax on food consumed = 6%
STATE INCOME TAX
Personal = 6% on interest and dividends
Excise = 6.5% of net earnings
No state income tax on wages and salaries
Unemployment tax for new employers = 2.7% of first $ 7,000
George Mirijanian
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| Kenneth Sloan 2004-10-29, 6:45 am |
| "StanB" <stanbooz@comXXXcast.net> writes:
quote:
> "Kenneth Sloan" <sloan@cis.uab.edu> wrote in message
> news:t7fz43o2ho.fsf@cis.uab.edu...
>
> Because he doesn't know any better.
>
>
I think you are being too generous.
--
Kenneth Sloan sloan@uab.edu
Computer and Information Sciences (205) 934-2213
University of Alabama at Birmingham FAX (205) 934-5473
Birmingham, AL 35294-1170 http://www.cis.uab.edu/sloan/
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| Sam Sloan 2004-10-29, 5:46 pm |
| On 25 Oct 2004 03:54:57 GMT, miriling@aol.com (Miriling) wrote:
quote:
>
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>If indeed the property that was deeded by the city of Crossville last year to
>the USCF was appraised at $ 264,000 then I assume that the 2004 property taxes
>owed by the USCF will be as follows:
>
>To the city of Crossville: 70 cents per $100 value = $ 1,848.00
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>To Cumberland County: $1.64 per $100 value = $ 4,329.60
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>Thus, the total property tax owed to the city and the county = $ 6,177.60
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>Do the USCF financial wizards agree with what the federation is going to owe in
>property taxes in Tennessee for 2004?
>
>George Mirijanian
Very good question, which none of us have thought of I think.
How much taxes are we paying on the property in Crossville which was
"given" to us?
Sam Sloan
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"Kenneth Sloan" <sloan@cis.uab.edu> wrote in message
news:t7fz43o2ho.fsf@cis.uab.edu...
quote:
> miriling@aol.com (Miriling) writes:
>
>
> Why do you assume that appraised value is identical to assessed value?
Because he doesn't know any better.
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