Kierra and Mason have set up business in a recently upgraded part of town. This area requires repairs and improvements to some roads and businesses following a devastating storm. What type of special tax would they MOST likely need to pay due to this situation?
(1 point)
The type of special tax that Kierra and Mason would most likely need to pay due to this situation is a special assessment tax.
Small business administration tax
Small business administration tax
Municipal pact tax
Municipal pact tax
Special use tax
Special use tax
Community revitalization tax
Based on the given situation, the most likely type of special tax that Kierra and Mason would need to pay is the community revitalization tax. This type of tax is typically imposed in areas that require repairs and improvements following a disaster or other significant event such as a devastating storm.
Kierra and Mason would most likely need to pay a special tax known as a "stormwater management fee" due to the situation of repairs and improvements to roads and businesses following a devastating storm. This type of fee is typically imposed on property owners or businesses to cover the costs associated with managing stormwater runoff and implementing infrastructure improvements to mitigate flood risks.
In this situation, Kierra and Mason would most likely need to pay a special tax known as a "storm recovery tax" or a "disaster recovery tax." This type of tax is typically imposed on businesses in areas that have been affected by a natural disaster, such as a storm.
To confirm this answer, you can conduct research on the specific area or consult local tax regulations to see if there is a designated tax for storm or disaster recovery. Additionally, you can reach out to local government or tax authorities for further information and clarification on any applicable taxes in the area affected by the storm.