taxation

The improved value of a property used solely by Teach De Yout' Preparatory is $2,850,000 whilst the unimproved value is $1,700,000. An examination of the attendance registers over the 200 school days for the year revealed an attendance of between 15 and 25 pupils for the period. You are required to calculate the property tax payable given this information. You are required to state all assumptions. (5 marks) Property Tax Rates On property the unimproved value of which exceeds $1.5M but does not exceed $3.0M