Final Tax Assessment Law and Legal Definition

Final tax assessment is a special assessment from the confirmation of which no appeal is taken within the time for appeal.

The following is an example of a state statute (Alabama) on final tax assessment:

Code of Ala. § 40-2A-7 (B) (b). “Where the amount of tax or value reported on a return is undisputed by the department, or the taxpayer consents to the amount of any deficiency, determination of value, or preliminary assessment in writing as provided by regulation, the department may immediately enter a final assessment for the amount of the tax or value, plus applicable penalty and interest.