It meant that there is no longer any great tax value in the condominium.
To work out the tax value of the zero-rated supply:
You can work out the tax values and the tax due like this:
The tax value of a supply depends on what you are given in exchange for the supply.
If the consideration for a supply is wholly an amount of money, the tax value is based on that amount.
In the space of a year the difference between the price paid for the property and the appraised tax value is 24 percent!
This restriction helps certain investors avoid giving themselves into such a low bracket that the tax value of the donation is impaired.
The county had a population of 21 households which was considered quite large for the time with total tax value of 3 geld units.
The property had a tax value of $35,000.
In the Alaskan cases, buyers might acquire a company for more than its operations are worth, because of the tax value of the losses.