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 ?

Many corporations have created new positions within their tax departments dealing strictly with FAS No.

The GAAP in tax education: integrating tax and financial accounting in the tax curriculum

Symbolizing an end to Washington's corruption and recklessness, fiscal responsibility is embodied in the Democrats' promise to restore "pay-as-you-go" budget rules, in which any new entitlement spending or tax cuts would have to be paid for by equivalent spending cuts or tax increases elsewhere.

Read my lips: raise taxes: the era of the tax revolt is over. How Democrats have an opportunity to redefine the politics of government

Corporate Income Tax Rate Reductions, Elimination of the Surtax and Large Corporation Tax.

Canadian pre-budget consultations

Those who do not receive state income tax savings for their plans or aren't facing these education costs should move on to step 4).

The best use of spare cash: tax-savvy strategy for extra dollars

Other tax credits affected by indexing include the Joint Custody Head of Household Credit, Dependent Parent Credit, Qualified Senior Head of Household Credit and the Renter's Tax Credit.

Tax Season Toolkit: everything you need to navigate through the busy season

In fact, many jurisdictions encourage this by allowing for special reduced tax rates for IPCos formed in their jurisdiction.

Foreign tax strategies can be boon to multinationals: opportunities abound for multinational companies to take advantage of low-tax foreign jurisdictions to structure tax-advantaged programs. A number of countries provide major incentives to locate within their borders

But you won't know for sure until you've calculated your taxes--twice (first using the regular tax formula and second using the AMT Form 6251).

Avoiding year-end tax traps: making the right moves before December 31 can shave thousands off your bill to Uncle Sam

Tobin tax proposals figured prominently in the technical notes and early drafts of the Monterrey Consensus (the rambling 16-page agreement prepared in advance as the guiding document for the conference).

New push for global taxes: A renewed drive for global taxation threatens to accomplish the UN's goal of an international revenue service that would collect taxes from every person on the planet. (Cover Story: United Nations)

As complicated as individual taxes may seem, individual tax compliance was actually eased substantially by the Tax Reform Act of 1986, and is much simpler than the business side of the tax code where simplification has been a byword since the earliest days of the income tax.

Hey Candidates, Analyze This!

Generally, most of the basic provisions of the existing State Historic Rehabilitation Tax Credit programs are sufficient because they derive from the time-tested federal model.

The rise of the State Historic Rehabilitation Tax Credit

Shlaes also notes that the earnings penalty for Social Security beneficiaries under age 70 imposes a huge tax on incremental dollars earned by the youngest and most-able seniors.

The Greedy Hand: How Taxes Drive Honest Americans Crazy and What to Do About It

The 1997 act, signed into law in August, is being touted as the most sweeping tax package since the 1981 tax cuts under Ronald Reagan.