Tax Base definition

Tax Base means the values as reflected in the officially approved valuation roll of the municipality.
Tax Base shall be the amount stated in Exhibit 1 and shall apply to a Tax Period of twelve (12) months. Tax Base shall be reduced pro rata if and to the extent that the Tax Period contains fewer than twelve (12) months.
Tax Base means the annual per rentable square foot factor finally established to be the annual per rentable square foot factor to be used in computing payments in lieu of taxes for the tax year beginning the July 1 immediately preceding the date of the Lease.

Examples of Tax Base in a sentence

  • Ahsan and Panagiotis Tsigaris, Choice of Tax Base Revisited: Cash Flow vs.

  • The properties are adjusted to reflect the number of properties within different bands in order to produce the Council Tax Base (Band D equivalent).

  • If the Real Estate Taxes for that Tax Year are not based upon a Full Assessment of the Property, then the Real Estate Tax Base shall be the Unadjusted Real Estate Taxes for the Property for the first full Tax Year for which the Real Estate Taxes are based upon a Full Assessment.

  • Purpose: This paragraph provides for adjustment in the rent (tax adjustment) to account for increases or decreases in Real Estate Taxes for the Property after the establishment of the Real Estate Tax Base, as those terms are defined herein.

  • On 30 November 2012, new regulations set out in the Local Authorities (Calculation of council Tax Base) Regulations 2012 (SI 2012:2914) came into force.


More Definitions of Tax Base

Tax Base means tax base as defined in International Accounting Standard 12 of IFRS or any International Accounting Standard replacing International Accounting Standard 12.
Tax Base means the values as reflected in the officially approved valuation roll of the municipality. “urban land” means land which is situated within a proclaimed township.
Tax Base means business income, before apportionment or allocation as provided in chapter 3, even if zero or negative, subject to the adjustments in this section.
Tax Base means the product obtained by multiplying (i) the amount for which the Land and Building are assessed for the purpose of establishing real estate taxes to be paid by Landlord for the Tax Year (as defined in Section 36(a) hereof) commencing July 1, 1999 and ending June 30, 2000, by (ii) the real estate tax rate for such Tax Year.
Tax Base means the value over which the local tax is applied. For the purposes of this law, the value shall mean the property, revenues, prices or values of the transactions;
Tax Base has the meaning set forth in Section 3.6.2 hereof.
Tax Base shall be the amount stated in Exhibit 1 for the applicable Portion of the Premises and shall apply to a Tax Period of twelve (12) months. Tax Base shall be reduced pro rata if and to the extent that the Tax Period contains fewer than twelve (12) months. Landlord represents and warrants that there are no payment-in-lieu-of-taxes or other tax reduction agreements in effect during the Tax Period of the Tax Base that will expire or phase out during the Term.