Commercial Real Estate License Recharacterization

If commercial real estate license recharacterized as a property tax, it could also be found to violate state constitutional provisions requiring equal and uniform assessments, even if no federal interest were involved. A tax upon use measured by the full fee value would best "equalize the annual tax burden carried by private business using exempt property with that of similar businesses using nonexempt property,"  but at the price of failing to distinguish among very different types of property.   

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