Tax
111tax shelter — n: an entity (as a partnership) or investment plan or arrangement whose principal purpose is the avoidance or evasion of income tax; also: an interest offered or purchased on the premise that it will provide favorable tax consequences purchased… …
112tax abatement — ˈtax aˌbatement noun [countable] TAX COMMERCE the right to pay a very low rate of tax on something. Tax abatements are often used to encourage businesses to invest in times of difficult economic conditions: • These organizations were set up by… …
113Tax equalization — very much relates to the arena of international assignments.It all starts when a company takes the decision of sending employees abroad from his headquarters homelocation and / or from any location / subsidiary to any other location /… …
114tax matters partner — USA The tax matters partner of a partnership (or LLC that is classified as a partnership for US federal income tax purposes) represents the partnership (or LLC) before the IRS in all tax matters for a specific taxable year and is responsible for… …
115tax loss — ➔ loss * * * tax loss UK US noun [C] ► ACCOUNTING, TAX a situation in which a company or investment loses money in a particular period, so there is no tax to pay on it, and in some cases tax paid on profits in previous periods can be got back:… …
116tax relief — ➔ relief * * * tax relief UK US noun [U] TAX, FINANCE, ACCOUNTING ► a reduction in the amount of tax that has to be paid: tax relief on sth »Companies can claim tax relief on donations to charity. qualify/be eligible for tax relief »Investors are …
117tax disc — noun A paper disc displayed on a motor vehicle s windscreen to show that the road tax has been paid for a given period • • • Main Entry: ↑tax * * * tax disc UK US noun [countable] [singular tax disc plural …
118TAX, SOL — (1907–1995), U.S. anthropologist. Born in Chicago, Illinois, Tax received a Ph.B. from the University of Wisconsin (1931) and a Ph.D. from the University of Chicago in 1935. He joined the faculty of the University of Chicago in 1940, where he… …
119Tax policy — is the government s approach to taxation, both from the practical and normative side of the question.PhilosophyPolicymakers debate the nature of the tax structure they plan to implement (i.e., how progressive or regressive) and how they might… …
120tax deed — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tax deed …
