tax value

noun

The assessed value of an asset from which the tax owing is computed.

Meanings

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

plural tax values

  1. TVabbreviationcountableuncountableThe assessed value of an asset from which the tax owing is computed.

    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.

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

    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.

    2006, Greg Tasker, Sanders Confectionery, →ISBN, page 30

    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.

    2009, William Murray Vincent, Historic Alamance County: An Illustrated History, →ISBN, page 37
Cite this entry
APA

tax value. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/tax%20value

MLA

“tax value.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/tax%20value. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “tax value,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/tax%20value.

Source: tax value on Wiktionary, CC BY-SA 4.0.