Final answer:
c. A tax district
A tax district is the entity that can levy real estate property taxes. These taxes are based on the value of real estate and are used by local governments to raise revenue. Utility companies, IRS, and courts of law do not levy property taxes.
Step-by-step explanation:
Among the entities listed, c. A tax district can levy real estate property taxes. Municipal governments in the U.S. and special purpose authorities often collect property taxes as a means of raising revenue. These taxes are based on the value of real estate held by individuals or corporations. Utility companies, the Internal Revenue Service, and courts of law do not have the authority to impose property taxes. Instead, property taxes are typically assessed by local governments or tax districts that have the legal jurisdiction to do so. Property tax rates and rules can vary widely, but the general principle is that these taxes are calculated by determining the fair market value of property, which can include homes, land, and businesses.