What is the tax role?

Sometimes it was referred to as the evaluation role, the tax role is the list of all the property subject to taxes. Tax roles are a common tool for use for cities, black neighborhoods, regions and parishes. The role identifies every taxable property that is physically placed in jurisdiction. This allows you to maintain accurate records for assessing property taxes for the upcoming fiscal year.

The detail that is included in the tax role may vary slightly from one jurisdiction to the other. However, almost every tax role will contain some common information. The tax role shall state the record owner for each property on the list along with the physical address of the property. There will also be a legal description of the property; This detail is often the same as the detail on the list, which is registered for the property. It will also assess the current taxable value of the property.

Most tax role examples will also include a rating or tax number for each property listed inthe document. The role number is more or less for the internal use of jurisdiction and can be used as a quick means for all relevant data to be downloaded on the property. Role numbers tend to remain the same from one tax period to another and can be configured only with numbers, or be an alphanumeric combination if this approach works best for jurisdiction.

In many cases, updating the tax role for the upcoming tax period must take place in a certain period of the year, usually a month or two before the actual start of the new fiscal year. For example, if the fiscal year coincides with the calendar year, jurisdiction may be required to complete the latest version of the Tax War, including the revision of any value assessment, within 1 October. This provides Window to inform the owners of real estate about any changes in the evaluation of values ​​before the start of the new fiscal year and the real estate tax will be due.