MILL

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August 25, 2024 3 min read Definitions
MIL (MILL): One Tenth of a Cent
Finance Economics Taxation MIL MILL Taxation Assessed Valuation Finance
MIL, also known as MILL, is a term used to express tax rates on a per-dollar basis. For example, a tax rate of 60 mills means that taxes are 6 cents per dollar of assessed valuation.
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