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Tax Assessment

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Tax Assessment
The determination of how much a person or company owes in taxes. One usually determines one's own tax assessment by declaring one's income and capital gains from the previous year and applying the methodology the government requires to arrive at the tax liability. The government has the right to audit any tax assessment.


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The city argued that value should be based on capitalizing one year's worth of income--without regard to future income--and the result for Eastern Parkway proved to he an inaccurate tax assessment that took into account higher property values and higher income levels than what's expected for the taxed year.
Designed as a reference for anyone who needs to compile statistics or maintain contact information within the state, this volume provides entries that list demographics/socio-economic characteristics, general contact information, government personnel, housing and construction data, public library services, property tax assessment, public safety and crime statistics and information on school districts and municipal finance structures.
Property Use Tax assessments have to be completed before May 1, 2009, and paid on or before September 1, 2009.
 
 
 
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