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Discover LudwigThe phrase "assessed tax" is correct and usable in written English.
It is typically used in the context of taxation to refer to the amount of tax that has been evaluated or determined by a tax authority.
Example: "The assessed tax for the property was higher than expected, leading to an increase in the annual payment."
Alternatives: "evaluated tax" or "determined tax".
Exact(13)
Based on a sample of cases, TIGTA found that in 78% of them, the IRS reduced or threw out its own assessment, leading to 68% of the assessed tax dollars in closed cases to be abated.
Property records show that more than 10 years ago, the houses sold for nearly $90,000; their assessed tax value in 2009 was just under $100,000.
Some states, like California, Michigan and Nevada, have statutory caps in property tax increases, which mean the market value of single family homes almost always exceeds the assessed tax values, except in a major downturn.
The Commissioner of Internal Revenue assessed tax deficiencies against petitioners David and Louise Gitlitz and Philip and Eleanor Winn because they used nontaxed discharge of indebtedness to increase their bases in S corporation stock and to deduct suspended losses.
This is because tax credits, as part of the annually assessed tax system, can pay awards that turn out to have been too high because of subsequent rises in income in the tax year.The government disregards the first £2,500 increase in income when calculating whether awards have been overpaid.
Stockholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates (so called "flow-through taxation").
Similar(47)
Then he dialed the Sussex town assessor's office, where he learned from an employee that Kraft was being assessed taxes for a new 143,914-foot plant.
The largess came to the attention of the IRS, which assessed taxes against Lyna.
The data indicate that the infection/transfection system is useful for assessing Tax expression.
Governments across Europe, including those based in London and Edinburgh, want to assess tax behaviour as part of the decision-making process when determining which companies to buy services from.
-Forgetting to assess tax.
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