Tax limitation definition
Tax limitation means the "ten-mill limitation" as defined in section 5705.02 of the Revised Code without diminution by reason of section 5705.313 of the Revised Code or otherwise, or, in the case of a municipal corporation or county with a different charter limitation on property taxes levied to pay debt charges on unvoted securities, that charter limitation. Those limitations shall be respectively referred to as the "ten-mill limitation" and the "charter tax limitation."
Tax limitation means the "ten-mill limitation" as 677 defined in section 5705.02 of the Revised Code without 678 diminution by reason of section 5705.313 of the Revised Code or 679 otherwise, or, in the case of a municipal corporation or county 680
Examples of Tax limitation in a sentence
Until expiry of such Tax limitation period, the Seller may at any time demand that a tax audit by the competent Taxing Authority be conducted in respect of the Companies, provided, however, that the Seller shall give three months advance notice to the Purchaser before making such demand.
The Master Association may require the advance payment of a processing fee not to exceed $50.00 for the issuance of the Certificate of Compliance.