Assessed Valuation

(redirected from Taxable Values)
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Assessed Valuation

The financial worth assigned to property by taxing authorities that is used as a basis or factor against which the tax rate is applied.

A prescribed amount of the value of each unit must be paid as taxes in the future. In most cases, the assessed value is not representative of the fair market value of the property.

References in periodicals archive ?
To determine the 2009-2010 and 2010-2011 taxable values, the assessor followed the process dictated by Nevada statute.
Taxable values have seen moderate growth the past several years, and the district anticipates additional gains in the near term due to the continued residential and commercial development of former agricultural areas.
27-2017 and table of taxable values to the vehicle circulation tax, In diario centro amrica, On november 30, 2017, In 42 1/8 pages, In black and white, In legal position.
Since the passage of Proposal A in 1994, allowable increases in taxable values have been limited to the rate of inflation, as measured by the Bureau of Labor Statistics Consumer Price Index for metropolitan Detroit.
"If the employer provides a chauffeur, Rs 900 per month is added to the above mentioned taxable values of Rs 1,800 and Rs 2,400.
Dumont said taxable values in the town decreased by 4.6 percent.
On the McCords' 1996 gift tax returns, the gifts' taxable values were based on the gross FMV transferred to the nonexempt donees ($6,910,933), reduced by the total Federal gift taxes payable and the actuarially determined present value of their obligations for additional estate taxes under Sec.
"The worry of an immediate tax bill is a huge deterrent on its own but because taxable values are only agreed after the event, that bill is unknown and uncapped when the academic sets up the spin-out company."
On the basis of the advance ruling, the difference between the book and taxable values of the acquisition cost of the shares in Pohjola Hallintopalvelu Oyj, would result in deferred tax assets of EUR48m, computed by a 29% tax rate.
After the "energy crisis" and certain legislative changes, taxable values dropped dramatically.
General fund revenues are likely to exhibit stagnant growth as taxable values rise below the inflation rate.
The court ultimately held the Board of Tax Appeals should have conducted its own analysis and made an independent determination as to the taxable values of the properties.