Tax Value

Tax Value

The amount that a real estate owner pays in property taxes each year. The municipal government assesses and updates the tax value periodically, basing each assessment on the appraised value of the real estate.
References in periodicals archive ?
The total amount of work estimated by the client is: 29 000 000 eur excluding tax value january 2016.
During a routine check of passengers arriving on flight RJ133, customs officers found 29 packs of 200 cigarettes in the man's luggage with a tax value of e1/41,027.
GCC states have agreed to impose added tax value by five percent by 2018.
A source at Eastern Company said the company will address the Public Tax Authority to reconsider the imposition of a unified tax value of EGP 0.
A bar member Ishtiaq Chaudhry and a trade leader Naeem Mir has assailed the increase in sales tax value from 17 to 22 percent for being illegal.
Credit facilities provided by banks and the new rules for the import sector in relation to the tax value of the units, odometers (mileage meter), total losses and new security devices have all affected sales.
Therefore, the committee proposed to the Ministry of Agriculture to form a working group, which would examine the possibility of taking land's productivity into account, while estimating the tax value of the farmland.
Services offered include Financing Applications, Business Acquisition Negotiations, Exit Planning, Gift Tax Value Assessment, Visa Applications, Start-up Planning; all of these activities require accurate business valuations.
Because the New Homes Bonus is based on the council tax value of the property, authorities in the more expensive South will need to receive much more than the North, where population numbers are also smaller.
Code sections 2701-2704, together referred to as "Chapter 14," contain special valuation rules that maximize the gift tax value of many intra-family transfers by assigning zero value to specific retained interests (unless the retained interest is entitled to "qualified payments").
The tax value would essentially be frozen at the pre-redevelopment level, though it would be adjusted for changes in the market.
There is little assurance that the courts will consistently decline to find undesired implied agreements in similar cases in the future, especially if there is a substantial difference between the reported transfer tax value and the actual FMV.