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STATE OF ARKANSAS DEPARTMENT OF FINANCE & ADMINISTRATION OFFICE OF HEARINGS & APPEALS ADMINISTRATIVE DECISION IN THE MATTER OF (ACCT. NO.:GROSS RECEIPTS TAX ASSESSMENT) LETTER ID: ASSESSED AMOUNT:DOCKET
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Assessed amount is the value determined to be the basis for taxation.
Individuals and entities subject to taxation are required to file assessed amount.
Assessed amount is typically filled out on tax forms provided by the relevant tax authority.
The purpose of assessed amount is to calculate the taxes owed by individuals and entities.
Information such as income, assets, deductions, and credits must be reported on assessed amount.
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