Tax Assessment Law and Legal Definition

Tax assessment is the value set on taxable property. It is the tax or value placed on a piece of property by a taxing entity.

The process of making an official valuation of property for purposes of taxation is also called tax assessment.

The following is an example of a case law referring to tax assessment:

Tax assessment proceedings are civil in nature and are not normally a prerequisite to criminal liability. But when the crime charged is one of evading the payment of taxes that have been assessed in civil proceedings, the Government must prove the existence of a valid tax assessment. [United States v. Dack, 747 F.2d 1172 (7th Cir. Ind. 1984)].