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English
Noun
tax value (countable and uncountable, plural tax values) (abbreviation: TV)
- 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.