tax

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Related to taxable: Taxable income

tax

Vox populi Monies paid to a governing body. See Dean's tax, Fat tax, Provider tax, Sin tax.

tax,

n a ratable portion of the proceeds or value of the property and labor of the citizen; any contribution imposed by government for the use and service of the state.
tax brackets,
n.pl the income intervals of the graduated income tax law that establish the rate of tax for each level of income.
Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA),
n.pr legislation (Public Law 97-248) affecting health maintenance organizations and the Medicare and Medicaid programs. Provides regulations for the development of HMO risk contracting with the Medicare program and, through an amendment, establishes new provisions for the foundation and operation of peer review organizations.
tax planning,
n making business and investment decisions based on estimated income and current and projected tax laws.
tax shelter investments,
n.pl investments that reduce, remove, or defer income from state and federal income tax liability.
References in periodicals archive ?
Under the 1991 proposed regulations, taxable Income or loss of a QBU would first be computed in local currency and then the taxable income or loss would be translated into the owner's functional currency.
Season travel tickets paid directly by boss Taxable Taxable
Most people are not even aware that they're creating a taxable event, but each fund switch must be reported tO the IRS and you'll owe tax on any gains.
The ED identifies four sources of such taxable income.
By meeting the definition of qualified lessee construction allowances, the tenant will avoid taxable income on such allowance.
A taxpayer would satisfy the history requirement if, in each of the two tax years immediately preceding the current tax year, it incurred or paid the expense at the end of the tax year or after the "end of each taxable year" that was deemed incurred during such tax year.
Metro's appeal required the Ninth Circuit to decide if a paid but still contested income tax deficiency could be deducted from accumulated taxable income under IRC section 535(b)(1).
Similarly, some countries currently impose penalties in the event of an incorrect accounting for the reverse charge by fully taxable businesses or issue assessments without crediting the VAT that may be recovered.
1) an item was included in gross income for a prior taxable year (or years) because it appeared that the taxpayer had an unrestricted right to such item;
The AMT computation begins with taxable income and then makes the adjustments IRC sections 56, 57 and 58 require.
REITs currently use one or more taxable subsidiaries to generate income that could disqualify the REIT for tax purposes if earned directly by the REIT.