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tax assessment

n. the value set on taxable property

WordNet
tax assessment

n. the value set on taxable property

Wikipedia
Tax assessment

An assessor is a specialist who calculates the value of property. The value calculated by the assessor is then used as the basis for determining the amounts to be paid or assessed for tax or insurance purposes.

In local government in the United States, an assessor, also called a tax assessor, is an appointed or elected official charged with determining the value of each taxable property in a county, municipality, or township; this information is then used by the local governments to determine the necessary rates of taxation to support the community's annual public budgets. (This is a specialization of the previous sense; a person who performs similar work for a private employer is more often called an appraiser or, specifically in the insurance industry, an adjuster.) In Florida, this official is known as the property appraiser. In Vermont , this office is known as a lister.

Category:Business occupations Category:Evaluation Category:Local taxation in the United States Category:Land value taxation

Usage examples of "tax assessment".

Meanwhile Shastri and Shardul were conspiring to make money by betraying their village, changing the tax assessment with the agent of the zamindar, shifting it to the zamindar's great advantage, with Shastri skimming off some for himself.

But he'd keep this small barn (if only to spite his miserly sibling at each tax assessment of the Family estate) until that miserly sibling managed to push through some law that made the barn illegaland even then, he might choose to challenge that yet to be written law, just to see whether that miserly siblingwho was also the family barristerwould dare prosecute his own brother, who also happened to be the Princeps of Rhomatum.

According to our 1973 tax assessment, the property at 1241 Crestallen Street West has been valued at $63,500, and so we are sure that you must be as aware of the situation's urgency as we are.

Whatever the tax assessment is, it's too high, and whatever the level of services is, it's too low.

I've been working on a tax assessment case, and it's about to bury me in a sea of mathematics.

Then there were the bills to pay and the latest tax assessment to protest.

Businesses that were listed on tax assessment lists had been burned or smashed, the walls fallen into the basements.

I have here the title and an official tax assessment indicating its true value.