Here you can find information about different elements for determining assessed tax.
Assessed tax
Property tax is assessed every year. Base for assessment is the taxable value of the property.
Taxable value
The taxable value of a property is the appraised value after any applicable deductions. There are two possible deductions, general deduction and primary residence deduction
General deduction
During the first 4 years after implementing tax on land, all taxpayers will have a general deduction. You will get this deduction automatically.