tax

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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 ?
By limiting the deductibility of common expenses (like general administrative expenses) to the proportion that tax-exempt and tax-paid income bear to the gross income of the bank, the RR serves as a deterrent for the banks to invest in our capital markets.
Indeed, the intent e,f the original legislation would not be contravened by the claiming of a Federal Sales Tax Inventory Rebate in respect of the tax-paid inventory of incidental supplies and maintenance
When these tax-paid instruments are traded, the holders will just share the cost of the tax paid in proportion to the interest earned by them.
The taxpayer was also a gasoline wholesale distributor, purchasing tax-paid gasoline and delivering it - in the taxpayer's trucks - to the convenience stores.