defer taxes
81Uniformity and jurisdiction in U.S. federal court tax decisions — refers to an ongoing debate spanning many decades about achievement of uniformity and high quality decisions by federal courts when addressing tax controversies against the backdrop of multiple, regionally diverse courts with federal tax… …
82Burger King legal issues — Infobox Burger King logo= As with other multi national corporations, international fast food restaurant chain Burger King (BK) has been involved in several legal disputes and cases, as both plaintiff and defendant, in the years since its founding …
83Indonesia — /in deuh nee zheuh, sheuh, zee euh, doh /, n. 1. See East Indies (def. 1). 2. Republic of. Formerly, Netherlands East Indies, Dutch East Indies. a republic in the Malay Archipelago consisting of 13,677 islands, including Sumatra, Java, Sulawesi,… …
84Clap note — is an unofficial shorthand term describing an interest only financing tool used by certain institutional investors, such as major corporations for the purpose of funding new real estate acquisitions. Contents 1 Terminology 2 Functionality 3… …
85Private Annuity — An agreement between two parties in which one party (annuitant) transfers an asset to another party (obligor) in return for unsecured payments for the remainder of the annuitant s life. For the agreement to be classified as a private annuity,… …
86Section 1031 — A section of the U.S. Internal Revenue Service Code that allows investors to defer capital gains taxes on any exchange of like kind properties for business or investment purposes. Taxes on capital gains are not charged on the sale of a property… …
87Tax Avoidance — The use of legal methods to modify an individual s financial situation in order to lower the amount of income tax owed. This is generally accomplished by claiming the permissible deductions and credits. This practice differs from tax evasion,… …
88Tax-Deferred Savings Plan — A savings plan or account that is registered with the government and provides deferral of tax obligations. Tax deferred savings plans may defer taxable income earned within the account either until withdrawal or until a particular date. They are… …
89generation skipping — adj., adv. referring to gifts made through trusts by a grandparent to a grandchild, skipping one s child (the grandchild s parent). Originally intended to avoid or defer federal gift or estate taxes if paid through a generation skipping trust …
90tax shelter — A device used by a taxpayer to reduce or defer payment of taxes. Common forms of tax shelters include: limited partnership interests, real estate investments which have deductions such as depreciation, interest, taxes, etc. The Tax Reform Act of… …
