MILL RATE
The payable tax per dollar of assessed value of a property. The mill rate is based on mills; for every mill is one-thousandth of a currency unit. In other words, one mill is equal to one-tenth of a cent or $0.001. Property tax (in dollars) is computed by multiplying the assessed property value to the mill rate; then dividing it by 1,000. As a property may be subject to tax by various authorities, mill rates are determined by every taxing authority to meet the revenue postulations in their budgets.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
