Rollback tax definition

Rollback tax means the tax imposed under Section 59-2-506.
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Rollback tax means the difference between the amount of taxes that a dedicated golf course owner paid and the higher amount of taxes, if any, that would have been due from the owner if the golf course had not been dedicated under this section.
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Rollback tax means the tax imposed under Section 59-2-1705. (3)
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Examples of Rollback tax in a sentence

  • Acquisition of land by governmental entity -- Requirements -- Rollback tax -- One-time in lieu fee payment -- Passage of title.

  • Rollback tax rate – The rollback tax rate is a calculated maximum rate allowed by law without voter approval.

  • Rollback tax -- Penalty -- Computation of tax -- Procedure -- Lien -- Interest -- Notice -- Collection -- Distribution.

  • Rollback tax liability should be accounted for specifically in an acquisition agreement.

  • Rollback tax -- Penalty -- Computation of tax -- Procedure -- Lien -- Interest -- Notice -- Collection -- Distribution -- Appeal to county board of equalization.

  • Effective Tax Rate (Line 23; or line 24 for a school district with Tax Code Chapter 313 limitations) $ Rollback Tax Rate (Line 35) $ Rollback tax rate adjusted for pollution control (Line 39) $1.321.401.40 STEP 5: School District Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the school board.

  • Effective Tax Rate (Line 23; or line 24 for a school district with Tax Code Chapter 313 limitations) $ Rollback Tax Rate (Line 35) $ Rollback tax rate adjusted for pollution control (Line 39) $1.271.370.00 STEP 5: School District Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the school board.

  • NoĒє: Rollback tax estimates should be computed for three (3) years.

  • This permit, at a minimum, will likely require routine testing of the air over the soil for volatile organic compounds and/or other contaminants.

  • Enacted by Chapter 197, 2012 General Session 59-2-1710 Acquisition of land by governmental entity -- Requirements -- Rollback tax -- One- time in lieu fee payment -- Passage of title.


More Definitions of Rollback tax

Rollback tax means any Tax resulting from or arising in connection with any abatement, reduction or deferral in effect with respect to all or any portion of the real estate Taxes applicable to the Owned Real Property.
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Related to Rollback tax

  • Property Tax means the general property tax due and paid as set

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • 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.