Examples of Estimated taxes in a sentence
Estimated taxes and surcharges are to be indicated at the top of the worksheet and expressed as a percentage.
Property Tax: Value x Assessment Ratio x Millage Tax Example: (assumes manufacturer & non-depreciable asset)$10 Million investment x 10.5% assessment ratio x .3250 (average) millage rate = $341,250 annual tax (before abatement) Abatement Savings Example:$10 Million investment x 10.5% assessment ratio x .0673 millage abatement = $70,665 annual abatement savings or $353,325 over 5 years Estimated taxes after the abatement in Year 1 would be $270,585.
Require Business Oregon to report to the Legislative Assembly in each odd-numbered year on:• A list (including name of applicant) with the number of projects participating in each of the property tax abatement economic development incentive programs under ORS chapter 285C;• Construction wages and benefit requirements for each project (if applicable);• Estimated taxes foregone for each project; and,• Fees paid to zone sponsors & related taxing jurisdictions for each project.
Estimated taxes and surcharges are to be indicated at the top of the worksheet and expressed as a percentage of the MRC.
Taxpayers remitting Corporate Estimated taxes or Insurance Premium Tax will enter the nine digit Federal Employer ID Number after the 2 pre-filled zeros.