Acquisition year definition
Acquisition year means the taxable year in which an acquired dwelling was acquired for public use by the State or a political subdivision or instrumentality of the State.
Examples of Acquisition year in a sentence
GNE will be solely and exclusively liable for any tax liabilities arising out of such Pre- Acquisition year tax examinations, and will likewise be the sole and exclusive beneficiary under this Agreement of any tax decreases which arise in those same years.