Tax valuation definition

Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection, and shall be calculated without deductions of the valuations of otherwise taxable property exempt in whole or in part from taxation by reason of exemptions of certain amounts of taxable value under division (C) of section 5709.01, tax reductions under section 323.152 of the Revised Code, or similar laws now or in the future in effect.
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Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection, and shall be calculated without deductions of the
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Tax valuation in general, means “the aggregate of the valu- ations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection ” For school districts, starting with
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Examples of Tax valuation in a sentence

  • Proration of Property Taxes shall be made on the basis of the most recent Property Tax valuation and assessments of the assets owned by the Company.

  • Such Taxes will be prorated upon the basis of the most recent Tax valuation and assessment and payable and apportioned between IMFT and Micron on the basis of the actual number of days before and after the Closing Date in such tax period.

  • Proration of Property Taxes shall be made on the basis of the most recent officially certified Tax valuation and assessment for the Acquired Assets.

  • Tax valuation of properties can also be problematic because properties can be valued on the wrong basis, using out-of-date data, or without proper understanding of valuation principles.

  • The Apportioned Obligations shall be prorated (based on the most recent available Tax statement, latest Tax valuation and latest bills) as of the Closing.

  • Proration of Straddle Period Taxes shall be made on the basis of the most recent officially certified Tax valuation and assessment for the Transferred Assets.

  • It is not a valid defence if the customer is unable to pay because, • They have applied for Council Tax Reduction Scheme (CTRS); • They have appealed to the Valuation Tribunal against their Council Tax valuation band or Non Domestic Rates valuation or Council Tax Reduction Scheme decision.

  • Sharp, Designing low-carbon power systems for 638 Great Britain in 2050 that are robust to the spatiotemporal and inter-annual variability of 639 weather, Nat.

  • This date will apply for all Dividends Tax valuation purposes, in respect of listed companies.

  • Proration of property Taxes shall be made on the basis of the most recent officially certified Tax valuation and assessment for the Acquired Assets.


More Definitions of Tax valuation

Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public
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Related to Tax valuation

  • Company Valuation means $435,000,000.

  • ST Valuation Date means the Redemption Valuation Date.

  • SPS Valuation Date means the SPS Redemption Valuation Date or the Strike Date, as applicable.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Bid Valuation Date means February 23, 2010.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of twenty nine million dollars ($ 29,000,000.00).

  • Date of valuation means the date determined by a municipality in terms of section 31(1);

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.