Definition: The Property Tax Calculation and Payment IT concept refers to the use of information technology systems and software to calculate, manage, and pay property taxes. These systems can automate the process, reducing errors and increasing efficiency. Source: Investopedia Source reference: https://www.investopedia.com/terms/p/propertytax.asp Additional information: Property tax calculation and payment systems are designed to handle the complex task of calculating property taxes based on various factors such as property value, location, and tax rates. They can also manage payment schedules, send reminders, and process payments. These systems can be standalone software or part of a larger tax or financial management system. They are used by both government tax agencies and private property owners. The use of these systems can greatly reduce the time and effort required to manage property taxes, and can also reduce errors that can result from manual calculations and payments. Example: Examples of application include government tax agencies using these systems to calculate property taxes for all properties in their jurisdiction and send out tax bills. Property owners can use these systems to calculate their own property taxes, manage their payment schedules, and make payments. Companies like TurboTax and H&R Block also incorporate these systems into their tax software to help users calculate and pay their property taxes. LOST view: OV-Digital Public Services Catalogue Identifier: http://data.europa.eu/dr8/egovera/PropertyTaxCalculationAndPaymentBusinessService EIRA traceability: eira:DigitalPublicBusinessService ABB name: egovera:PropertyTaxCalculationAndPaymentBusinessService EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/PropertyTaxCalculationAndPaymentBusinessService dct:title: Property Tax calculation and payment Digital Public Service