tax value

English

Noun

tax value (countable and uncountable, plural tax values) (abbreviation: TV)

1. The assessed value of an asset from which the tax owing is computed.
   • 2006, Greg Tasker, Sanders Confectionery, →ISBN, page 30:

     The crooked floors came in handy at tax assessment time. After seeing an orange roll across the slanting floor, the assessor lowered the building's tax value, according to company lore.

   • 2009, William Murray Vincent, Historic Alamance County: An Illustrated History, →ISBN, page 37:

     Tax records from 1860 show that on the eve of the Civil War the Alamance Cotton Factory employed sixty white women and eight white men, and the business had a tax value of $57,000.

   • 2011, Daniel C. Walsh, An Air War with Cuba: The United States Radio Campaign Against Castro, →ISBN:

     The Guatemalans offered United Fruit $627,572 (about $2.99 an acre) in compensation, a figure that came from the company's own tax value assessment for the land.