Sentence examples for taxable assessed value from inspiring English sources

Taxes are computed by taking a percentage of a property's market value -- called its taxable assessed value -- and multiplying it by the property tax rate.

The allowable assessed value, however, is not necessarily the same as the "taxable assessed value" -- the amount upon which taxes are based.

However, Ms. Stark said, to determine how much of the tax burden a particular owner will bear, it is first necessary to determine the taxable assessed value of each piece of property.

By law, local property taxes are calculated by applying a tax rate -- which is different for each class of properties -- to the taxable assessed value of a particular piece of property.

So, for example, a tax rate of "$12 per hundred," applied to a property with a taxable assessed value of $100,000, would result in an annual tax bill of $12,000.

According to the Indiana Department of Local Government Finance website, a TIF district captures increases in taxable assessed value in an allocation area and the revenue generated from that is used to finance public improvements.

Districts in California have unequal assessed values.

That rate, she said, is 0.14160, or $14.16 per hundred dollars of taxable assessed valuation.

For many, assessing values can cause anxiety.

Unfortunately, the only income measure available over a long time span seems to be taxable income assessed for purposes of collecting the income tax.

The IRS saw this as a taxable distribution and assessed back taxes and a penalty.