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Simple English definitions for legal terms

tax assessment

Read a random definition: bona fiscalia

A quick definition of tax assessment:

A tax assessment is when the government decides how much money someone needs to pay in taxes. This can be for things like property or income. Sometimes, the government will charge extra taxes if someone didn't pay enough before. There are also special taxes called assessments that are only charged to people who benefit from a public improvement, like a new sidewalk or sewer line.

A more thorough explanation:

Definition: Tax assessment is the process of determining the rate or amount of tax that a person or property owes. It is also the imposition of a tax or fine according to an established rate.

Examples:

  • A property owner receives a tax assessment notice from the local government, stating the amount of property tax they owe based on the assessed value of their property.
  • The Internal Revenue Service (IRS) conducts a tax assessment on a taxpayer who underpaid their taxes, determining the additional tax owed.
  • A local government imposes a special assessment on property owners who will benefit from a public improvement, such as a new road or sewer line.

These examples illustrate how tax assessment is used to determine the amount of tax owed by a person or property. It can be conducted by a local government or the IRS, and can be based on the assessed value of property or the amount of tax owed. Special assessments are used to fund public improvements that benefit specific property owners.

tax-apportionment clause | tax assessor

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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