tax assessments

Official value determinations

Tax assessments are official determinations of a property's value for taxation purposes.

Local governments conduct assessments to calculate how much property tax owners owe: The county's new tax assessments raised values across the neighborhood.

An assessment may also refer to the tax amount itself.

Property owners can often appeal assessments they believe are too high.

Opposites
compulsion vs. voluntariness

tax assessmentsvoluntary contributions

Freely offered gifts

charitable donations · gifts · tips · gratuities · philanthropy

obligation vs. exemption

tax assessmentstax exemptions

Legally untaxed income portions

tax credits · tax relief · tax abatements · deductions · tax breaks

extraction vs. distribution

tax assessmentstax refunds

Returned excess withholdings

rebates · government subsidies · grants · government benefits · distributions

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taxing, assessment, taxation, assessed, reassess, assessing, assessor, taxable, reassessment

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