Ad valorem property tax definition

Ad valorem property tax means a tax based on the assessed value of real estate or personal property.
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Ad valorem property tax means and is limited to the West Virginia ad valorem property
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Ad valorem property tax means the tax imposed on real and tangible personal property based upon the value of the property.
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Examples of Ad valorem property tax in a sentence

  • Ad valorem property tax assessments focus on two classes of property--real and tangible personal property.

  • Although these objectives may not be achievable in isolation of the other seven, this article speaks to clauses that are relevant to the promotion of the identified four objectives as they relate to host community development.

  • Ad valorem property tax cannot, by definition, be absolutely equal and absolutely uniform.

  • The preparations of the DPRs of Intra-State link projects have also been included as one of the functions of NWDA since from June 28, 2006.

  • Ad valorem property tax is levied each October 1 by the District on the assessed value as of the prior January 1 for all real and business personal property located in Bexar County.

  • Ad valorem property tax rates must be certified to the county clerk no later than September 1 for entry in the tax books.

  • Definitions.A. "Ad valorem property tax" means a tax based on the assessed value of real estate or personal property.B. "Board" means the Utah State Board of Education.

  • Ad valorem property tax rate shall not exceed five cents per $100 property value except when necessary to meet projected Municipal Service District budget year cash flow requirements.

  • Tax” or “Taxes.” Ad valorem property tax levied on real and personal property located in the County pursuant to Article 25, Chapter 105 of the North Carolina General Statutes or any successor statute relating to ad valorem property tax the County levies on property.

  • Ad valorem property tax for Florida School Districts consists of three distinct categories: A.


More Definitions of Ad valorem property tax

Ad valorem property tax means the County’s ad valorem real and business personal property tax on the assessed value of the Project imposed consistent with the authority granted by Article 8 of the Texas Constitution.
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Ad valorem property tax means the County’s ad valorem property tax paid by UPS to the County on the value of the Project. The term Ad Valorem Property Tax does not include any property taxes paid on the Property, as defined below.
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Ad valorem property tax means the tax assessed by the County on the value of the Property conveyed to Panacea and tangible personal property located thereon, excluding the initial cost of the Property conveyed to Panacea but including land improvement costs. The term "Ad Valorem Property Tax" does not include taxes levied by a municipality, school district, or water management district, or taxes assessed by the County for the payment of bonds or taxes authorized by a vote of the electors pursuant to Section 9 and Section 12, Article VII of the State Constitution.
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Related to Ad valorem property tax

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.