Respuesta :
A seller has delinquent property taxes of $572. at closing, the taxes will be a credit to the seller of $572.
What is tax?
- A tax is a mandatory financial charge or another sort of levy that is placed on a taxpayer (an individual or legal entity) by a governing body to pay for government expenses and other public expenditures (regional, municipal, or federal), and tax compliance describes governmental measures and human behaviors intended to guarantee that taxpayers are paying the appropriate amount of tax at the appropriate time and obtaining the appropriate tax allowances and tax reliefs.
Is paying taxes a legal requirement?
- Tax law is a body of regulations that gives a public authority a claim on taxpayers and mandates that they transmit a portion of their income or property to the authority.
- Most people agree that governments have the right to levy taxes.
Learn more about tax here:
https://brainly.com/question/16423331
#SPJ4
