What is the difference between real estate tax and estate tax?

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1022690

2026-07-24 04:15

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Real estate tax is tax that is levied on buildingsor other real estate that you possess, be it your own home, a holiday cottage, land or an office building.

Estate tax is tax levied on the net worth of all your possessions. The term 'estate' is most commonly used to describe the possessions of someone who has died.

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