The total body of tax revenues.
The assessed value of the taxable property, assets, and income within a specific geographic area.
total value of land and property upon which a taxing authority can levy taxes. The tax base is often different from the total property value in any area because some types of property, like schools and government facilities, are exempted from property taxes.
The tax base is a government's greatest revenue-generating asset. It represents the broad range of goods, services, income, etc. that is subject to a tax. Protecting the tax base means the mix of activities undertaken by a tax administration to minimize real or potential leakage through reviews, audits, and investigations, among others.
The total of all the assessed values in a given community.
In one sense, a tax base is that which is taxed, such as annual income, personal wealth or property, or the value of goods that are being imported or sold at retail. In another sense, it is the smaller dollar amount that is subject to taxation after all exemptions, exclusions, and income not taxed have been set aside. The difference between the apparent gross income and the remaining taxable income accounts for the difference between nominal and effective rates of taxation.
The total assessed value of all the properties in the city of Roanoke subject to local property taxes.
The total assessed value of all assessments in the municipality.
the total property and resources subject to taxation. (See Assessed Valuation - Equalized Value)
The total resource of the community that is legally available for taxation.
The pool of property, value or income from which a government may draw assessments.
The assessed valuation of all the real property that lies within the jurisdiction of a taxing authority, which is then multiplied by the tax rate or mill levy to determine the amount of tax due.
The total assessed value of all assessments in the City.
Assessed value of local real estate that a school district may tax for yearly operational monies.
The total market value of real property (land, buildings, and related improvements), public service corporation property, and personal property (cars, boats, and business tangible equipment) in the County.
total amount of taxable property, assets, and income that can be taxed within a specific jurisdiction.
The collective value of property, income or other taxable activity or assets subject to a tax. Tax revenues are computed as the tax base times the tax rate. For property taxation, the tax base is the total assessed value of all taxable property less exemptions.
Total assessed value in a given tax district.
The unit of value to which the tax rate is applied to determine the tax due; for property taxes, the assessed valuation; for income taxes, the net taxable income.
The collective value of sales, assets, and income components against which a tax is levied.
The total assessed value of all taxable property in the city.
To determine the amount of tax due. The assessed value of the property is multiplied by the tax rate.
A property's full cash value as of February 28, 1975, or as of the date of a subsequent reassessment event.
The assessed valuation of all real property that lies within a taxing authority's jurisdiction. When multiplied by the tax rate, it determines the amount of tax due.
The object on which a tax is based or calculated, such as income (the base of the income tax), property (the base of the property tax), or the individual (the base of the poll tax).