assessed tax
21Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… …
22Tax protester Sixteenth Amendment arguments — UStaxationTax protester Sixteenth Amendment arguments are assertions that the imposition of the federal income tax is illegal because the Sixteenth Amendment was never properly ratified, [Christopher S. Jackson, The Inane Gospel of Tax Protest:… …
23tax rate — The percentage of tax paid for different levels of income. Bloomberg Financial Dictionary * * * tax rate tax rate ➔ rate1 * * * tax rate UK US noun [C] TAX, FINANCE ► the percentage of an amount or value that has to be paid in tax: »Tax rates… …
24Tax law rewrite project — The tax law rewrite project of HM Revenue and Customs is a major effort to re write the entire tax legislation of the United Kingdom in a format which is both more consistent and more understandable. It aims to remove archaic language and… …
25Tax Anti-Injunction Act — The Tax Anti Injunction Act, currently codified at usc|26|7421(a), is a United States federal law enacted in 1867. The statute provides that with fourteen specified exceptions, no suit for the purpose of restraining the assessment or collection… …
26Assessed Value — The dollar value assigned to a property for purposes of measuring applicable taxes. Assessed valuation is used to determine the value of a residence for tax purposes and takes comparable home sales and inspections into consideration. It is the… …
27tax base — The assessed value of the taxable property, assets, and income within a specific geographic area. Bloomberg Financial Dictionary * * * tax base tax base ➔ base1 * * * tax base UK US noun [C, usually singular] ECONOMICS, TAX ► the combined value… …
28tax — A forced burden, charge, exaction, imposition, or contribution assessed in accordance with some reasonable rule of apportionment by authority of a sovereign state upon the persons or property within its jurisdiction to provide public revenue for… …
29tax title — The title acquired by the purchaser at a tax sale. 51 Am J1st Tax §§ 1055, 1060 et seq. A title dependent alone upon the validity of a tax sale. 51 Am J1st Tax § 1078. A title dependent in some jurisdictions upon the title of the person assessed …
30tax lien — A lien on real estate in favor of a state or local government which may be foreclosed for nonpayment of taxes. The majority of the states have adopted the Uniform Federal Tax Lien Registration Act. See also tax. + tax lien A statutory lien,… …
