tax assessment


Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax assessment - the value set on taxable property
assessment - the market value set on assets
References in periodicals archive ?
Najib's lawyer Muhammad Farhan Muhammad Shafee told the media that the IRB's lawyers indicated to the High Court that they were also planning to file an application for summary judgment (notwithstanding that there is an appeal on the tax assessment).
Again, by requiring the taxpayer to account for undeclared purchases in an income tax assessment will be an unproductive exercise.
Summary: Chandigarh (Punjab) [India], Feb 12 (ANI): In a relief to beneficiaries of the aACAyPunjab Shehri Awaas YojnaaACAO, state minister Navjot Singh Sidhu on Tuesday decided to relax rules and enable those who do not have proof of residence to submit copy of tax assessment, electricity/water/sewerage bill.Ee
The Court of Tax Appeals (CTA) has canceled the P7-million income tax assessment against the United Church of Christ in the Philippines (UCCP) arising from the government's refusal to apply the tax-exempt status on its now-defunct Bethany Hospital for the year 2010.
The Court of Tax Appeals (CTA) has cancelled the Bureau of Internal Revenue's P59.8-million deficiency income tax assessment against RCBC Savings Bank due to the failure of the former to notify the bank of its indebtedness on time.
According to the authority, when the taxable person discovers an error in the tax assessment issued by the Authority, which leads to incorrect calculation of the tax payable in accordance with the tax law; in this instance, the business may request to correct it using the voluntary disclosure form available on the eservices portal of the Authority .
These include submitting an incorrect tax return or tax assessment issued by the authority, which leads to incorrect calculation of tax payable in accordance with the law.
SPRINGFIELD u State Representative Nick Sauer (R-Lake Barrington) is sponsoring legislation in opposition to a proposal outlined by economists with the Federal Reserve Bank of Chicago that recommends Illinois enact a statewide property tax assessment in addition to the property taxes Illinois homeowners already pay.
Village of Slinger<br />Case No.: 2018 WI 45<br />Focus: Sufficiency of Evidence Property Classification <br />We accepted review in these cases to decide whether an injunction prohibiting agricultural use of a residentially-zoned property controls the property's tax assessment classification.
lf it is found that the taxpayer is still liable for deficiency taxes after presenting his side, and the taxpayer is not amenable to settle the same, the case shall be endorsed within seven days from the conclusion of the conference to the Assessment Division of the Revenue Region for the issuance of a deficiency tax assessment. Failure on the part of revenue officers to comply with the periods indicated shall be meted with penalty as provided by existing laws, rules and regulations.
The tax regulator in its defence stated it had started the process of scrutinizing individuals named in Panama leaks professionally but intended outcomes couldn't be achieved due to restrictions in local tax statute, specifically linked to time limitation to amend/reopen a completed tax assessment and obligatory disclosure requirements of Pakistani nationals in respect to their income and overseas assets.