The revisions in local tax statute are being considered for change to allow prescribed time limitations on amend/reopen tax assessments
to be opened, reported Business Recorder.
According to Del Monte Pacific, tax assessments
cited amounted to P21 billion 2011, P3.
services include but are not limited to preparation and timely filing of all assessment documents, abatement and supplemental tax assessments
, meeting with taxpayers, data entry using trio, keeping all real estate and personal property records current.
Legal departments at banks will be given the right to appeal the property tax assessments
on behalf of owners, the Ministry of Finance announced Saturday.
an emerging oil and gas company with interests in Tunisia and Italy, has announced that its wholly owned subsidiary, Rigo Oil Company Limited ("Rigo"), which operates in Tunisia, has received tax assessments
from the Tunisian tax authorities relating to taxation years 2010 through 2013.
However, this rule should require use of real estate appraisals prepared by qualified appraisers in accordance with the Uniform Standards of Professional Appraisal Practice, as opposed to tax assessments
, to ensure fairness and consistency.
Even if tax rates stay the same, if tax assessments
rise, owner's real estate tax bills are going to go up.
Instead, it offers ideas, arguments, and methods that owners and managers may want to consider that might convince local assessment authorities to reduce specific property tax assessments
Also tax assessments
take priority over any mortgages on a property which poses another vein of risk for lenders.
The top goal for Grubb & Ellis I Commercial Florida, a leading commercial property broker, is to reduce property tax assessments
in order to lower operating costs for building owners and managers.
The High Court of New Zealand has ruled against its Bank of New Zealand subsidiary in a dispute over USDNZD416m worth of tax assessments
related to certain structured finance transactions.
Next, the bill would have tilted the playing field in favor of taxpayers by making tax assessments
subject to the Uniform Standards of Professional Appraisal Practice, of which you have never heard.