equalization

equalization, n.

1. The raising or lowering of assessed values to achieve conformity.

2. Tax. The adjustment of an assessment or tax to create a rate uniform with another. — Also termed equalization of taxes; fair and proper legal assessment. [Cases: Taxation 446.5–450. C.J.S. Taxation §§ 621–641, 643, 724–725.]


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法律翻译李黎,毕业于欧洲顶尖的高级翻译学院,专注翻译各类与福利、薪酬及雇佣有关的法律文件。
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