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 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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Examples of Tax valuation in a sentence

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

  • 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.

  • 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.

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

  • All Transfer Taxes with respect to the Transactions shall be paid consistent with the final Transfer Tax valuation determination of Purchaser.

  • The final Transfer Tax valuation shall be delivered by Purchaser to the Sellers’ Representative no later than ten (10) days prior to Closing.

  • With respect to real property Taxes and personal property Taxes described in (i) above, the allocation shall be made on the basis of the most recent officially certified Tax valuation and assessment for the real property or the personal property, as the case may be.


More Definitions of Tax valuation

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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Related to Tax valuation

  • Company Valuation means $435,000,000.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • ST Valuation Date means the Redemption Valuation Date.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.