annual tax
21tax incentive — ➔ incentive * * * tax incentive UK US noun [C] TAX, GOVERNMENT ► a reduction in taxes that encourages companies or people to do something that will help the country s economy: »Tax incentives worth millions brought dozens of companies and… …
22annual value — ➔ value1 * * * annual value UK US noun [C, U] ► ACCOUNTING, FINANCE the amount of income that a company or industry brings in during one year: »The total annual value of the state s oyster production is about $12 million. ► UK (US assured value)… …
23annual exclusion amount — The amount that anyone can give to any recipient, free of federal gift tax, in any calendar year. The amount is indexed for inflation and is adjusted by the IRS each year, in $1,000 increments. Category: Wills, Trusts & Estates → Estate Tax… …
24annual payment — index premium (insurance payment) Burton s Legal Thesaurus. William C. Burton. 2006 annual payment …
25annual exclusion — an·nu·al exclusion n: the maximum amount that a person can give each year as a gift without having to pay a gift tax ◇ The annual exclusion is currently $10,000 per donee. Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
26tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid …
27Tax deduction — This article is about the deduction of expenses for the purpose of calculating taxable income. For tax deducted at source, see Withholding tax. Taxation An aspect of fiscal policy …
28Tax Foundation — infobox Organization name = Tax Foundation size = 156px caption = abbreviation = motto = Educating Taxpayers Since 1937 formation = 1937 type = Public Policy Think Tank headquarters = 2001 L Street NW, Suite 1050 location = Washington, DC leader… …
29Tax taking — Auction for Tax Bills Richland County, SC is a typical tax deed county. If the taxes are unpaid for five years then the tax bill will be sold at an auction. The property owner then must pay an annualized 12% interest within the next year to… …
30tax relief — A deduction from a taxable amount, usually given by statute. In the UK, income tax reliefs are given in respect of income from tax exempt sources (e.g. ISAs), as well as tax deductible expenses, personal allowances, tax credits, and gift aid. See …
