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
Sample 1Sample 2
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

  • The appellant testified that the Clos du Toit loan account in this amount was based on a Capital Gains Tax valuation and that, while the costs of registering the trade marks were not insubstantial, they were considerably less than R1.92 million.

  • Subsection (1)(b) does not apply to a Land Tax valuation or a Land Act rental valuation.

  • If the designated area is being valued for a Land Act rental valuation or a Land Tax valuation, there must be a separate valuation of any part of the area that is being so valued.

  • Rochdale has currently 27,409 Council Tax Benefit claimant households which equates to 30% of the 91,027 dwellings on the Council Tax valuation list.

  • The Gross Remuneration comprises Salary, Commission, Monetary value or Income Tax valuation of Perquisites and the Company's contribution to Provident Fund.

  • The Committee noted that the separation of duty to enable consultants to be either on-call or scheduled to perform planned surgery, would avoid the requirement to fulfil both duties at the same time.

  • Land Use Change Tax (valuation and documentation) & Current Use (ongoing administration and file maintenance per Cub rules).

  • Tax valuation on the tax list most recently certified for collection:1a.

  • The Gross Remuneration comprises Salary, Commission, Monetary value or Income Tax valuation of Perquisites and the Company’s contribution to Provident, Superanuation and Gratuity Funds.

  • The Gross Remuneration comprises Salary, Commission, Monetary value or Income Tax valuation of Perquisites and the Company’s contribution to Provident and Gratuity Funds.


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

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

  • ST Valuation Date means the Redemption Valuation Date.

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

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Fair Valuation means the determination of the value of the consolidated assets of a Person on the basis of the amount which may be realized by a willing seller within a reasonable time through collection or sale of such assets at market value on a going concern basis to an interested buyer who is willing to purchase under ordinary selling conditions in an arm’s length transaction.

  • 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.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • 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).

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

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

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

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.