All of the following items are subject to property tax, except:
A. a mobile home attached to a permanent foundation
B. intangible personal property
C. a parcel of land in an unincorporated area
D. a proprietary lessee's interest in oil- or gas-producing public property
Answer: B. intangible personal property
Explanation: Personal property is not subject to property tax. In addition, intangible personal property (such as business goodwill) is not subject to sales tax.
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