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MAV MAV is based on the prior year s MAV and AV. For the MAV of personal property is normally equal to or greater than RMV. AV AV is established by a simple comparison between RMV and MAV and is equal to whichever one is less. However the authority of BOPTA to reduce the MAV and AV of your property is limited to the calculation allowed by law and an appeal may not result in a reduction of tax. AV AV is established by a simple comparison between RMV and MAV and is equal to whichever one is...
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