Preceding Tax Year definition

Preceding Tax Year means the property tax levy year
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Preceding Tax Year s Extension" means the product of
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Preceding Tax Year means the property tax levy year immediately preceding the Base Tax Year. "Preceding Tax Year's Tax Extension" means the product of the equalized assessed valuation utilized
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Examples of Preceding Tax Year in a sentence

  • After the close of each tax year during the Lease Term, Landlord shall deliver to Tenant a written statement setting forth (1) the actual Property Taxes Allocable to the Premises for the Preceding Tax Year, (2) the difference between the amount referred to in clause (1) and the Property Tax Base Amount and (3) the differential between the amount referred to in clause (2) and the sum of the tentative monthly payments toward such amount made by Tenant.

  • Example: Depreciation Basis25.0% 1st CY Preceding Tax Year 22.5% 2nd CY Preceding Tax Year 20.0% 3rd CY Preceding Tax Year 17.5% 4th CY Preceding Tax Year 15.0% 5th CY Preceding Tax Year 12.5% 6th CY Preceding Tax Year 10.0% 7th CY Preceding Tax YearFor Vehicle registrations, the System should obtain the assessed value from the NADA valuation table for that Tax Year.

Related to Preceding Tax Year

  • Base Tax Year means the property tax levy year used

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Quarter Date means each 31 March, 30 June, 30 September and 31 December.

  • Preceding Business Day Convention means that the relevant date shall be brought forward to the first preceding day that is a Business Day;