Tax valuation definition

Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection, and shall be calculated without deductions of the valuations of otherwise taxable property exempt in whole or in part from taxation by reason of exemptions of certain amounts of taxable value under division (C) of section 5709.01, tax reductions under section 323.152 of the Revised Code, or similar laws now or in the future in effect.
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Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection, and shall be calculated without deductions of the
Sample 1
Tax valuation means the aggregate of the valuations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public
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Examples of Tax valuation in a sentence

  • The appellant testified that the Clos du Toit loan account in this amount was based on a Capital Gains Tax valuation and that, while the costs of registering the trade marks were not insubstantial, they were considerably less than R1.92 million.

  • Subsection (1)(b) does not apply to a Land Tax valuation or a Land Act rental valuation.

  • Rochdale has currently 27,409 Council Tax Benefit claimant households which equates to 30% of the 91,027 dwellings on the Council Tax valuation list.

  • If the designated area is being valued for a Land Act rental valuation or a Land Tax valuation, there must be a separate valuation of any part of the area that is being so valued.

  • The Gross Remuneration comprises Salary, Commission, Monetary value or Income Tax valuation of Perquisites and the Company's contribution to Provident Fund.

  • The Gross Remuneration comprises Salary, Commission, Monetary value or Income Tax valuation of Perquisites and the Company’s contribution to Provident and Gratuity Funds.

  • Land Use Change Tax (valuation and documentation) & Current Use (ongoing administration and file maintenance per Cub rules).

  • The Integrated Resource Plan (IRP 2010, 2011) lays out the proposed generation capacity to be built by Eskom and by IPP for South Africa for the period 2010 to 2030 (Figure 3).

  • See also Japan's opening oral statement in DS412, first meeting with the Panel, paras.

  • Tax valuation of properties can also be problematic because properties can be valued on the wrong basis, using out-of-date data, or without proper understanding of valuation principles.


More Definitions of Tax valuation

Tax valuation in general, means “the aggregate of the valu- ations of property subject to ad valorem property taxation by the subdivision on the real property, personal property, and public utility property tax lists and duplicates most recently certified for collection ” For school districts, starting with
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Related to Tax valuation

  • ST Valuation Date means the Redemption Valuation Date.

  • 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).

  • Date of valuation means the date determined by a municipality in terms of section 31 (1);