tax assessment

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Definitions from WordNet

Noun tax assessment has 1 sense

tax assessment - the value set on taxable property
--₁ is a kind of assessment

Definitions from the Web

Tax Assessment

A tax assessment refers to the valuation or estimation of property or income in order to determine the amount of tax to be paid. It is a systematic process carried out by tax authorities to ensure proper taxation.

Example Sentences:

The tax assessment on his property increased significantly this year.
She received a notice from the tax authorities regarding her income tax assessment.
Before buying a property, it's essential to research the tax assessment in that area.
Charles hired a professional to help him challenge his tax assessment.
The government conducts tax assessments regularly to maintain the revenue flow.

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