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 ?
The new tax system comes as GCC governments struggle due to low oil revenues in the last three years.
Among the positive factors from reform noted by tax executives was the reduction in uncertainty from enactment of a stable, permanent tax system and their belief that a lower rate and territorial tax system could enhance economic growth and increase the global competitiveness of American companies.
This is arguably a rough approximation of the German federal system, (40) and also of sales tax systems within states.
Second, low rates and a simpler tax system on real business, privileging foreign direct investment and exporting companies.
A modern, competitive tax system would not only re-balance our economy but attract mobile multinational investment to the UK and send the right signal to would-be investors.
Contemporary theory and progressive practice of market developed countries and the Republic of Serbia indicate that the tax system is the most important segment of fiscal policy, namely, of fiscal system as its narrower segment.
The introduction of a formal loss-sharing system would bring the Canadian tax system in line with that of most other countries in the world.
Over the next several months, the panel will hold public hearings to gather comments from individuals, businesses and elected officials on the benefits of and problems with the current tax system, and on possible solutions and reform proposals.
Wouldn't improving the fairness of our tax system be the best way to tackle raising more needed revenue?
The book's title--Perfectly Legal: The covert campaign to rig our tax system to benefit the super rich--and cheat everybody else--isn't subtle.
They find this framework useful in explaining observable features of the tax system, both theoretically and empirically.
With the future of the federal transfer tax system a hot policy and political issue for 2001, the AICPA Tax Division has completed a report entitled Study on Reform of the Estate and Gift Tax System.