income tax statement
51Guaranteed minimum income — (GMI) is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and… …
52Inheritance Tax (United Kingdom) — In the United Kingdom, Inheritance Tax was first introduced as a tax on estates in England and Wales over a certain value from 1796, then called legacy, succession and estate duties. The value changed over time and the scope of estate duty was… …
53Goods and Services Tax (Australia) — The GST (Goods and Services Tax) is a value added tax of 10% on most goods and services transactions in Australia.It was introduced by the Howard Government on 1 July 2000, replacing the previous Federal wholesale sales tax system and designed to …
54Stated income loan — A stated income loan is a mortgage where the lender does not verify the borrower s income, by looking at their pay stubs, W 2 forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at… …
55Mineral Resource Rent Tax — The Minerals Resource Rent Tax (MRRT) is a proposed tax on profits generated from the exploitation of non renewable resources in Australia.[1] It is the replacement for the proposed Resource Super Profit Tax (RSPT). The tax, levied on 30% of the… …
56Life Income Fund - LIF — In Canada, a type of registered retirement income fund that is used to hold pension funds, and eventually payout retirement income. The life income fund (LIF) cannot be withdrawn in a lump sum; rather, owners must use the fund in a manner that… …
57autumn statement — [autumn statement] noun a British government statement made every year in the autumn about the economy and the government’s future economic plans • The Chancellor announced in his autumn statement that he would lower income tax …
58autumn statement — n a British government statement made every year in the autumn about the economy and the government’s future economic plans: The Chancellor announced in his autumn statement that he would lower income tax. * * * …
59adjusted statement — financial statement with adjustments made for rate inflation; financial statement required by income tax authorities …
60consolidated tax returns — A procedure whereby certain affiliated corporations may file a single return, combine the tax transactions of each corporation, and arrive at a single income tax liability for the group. The election to file a consolidated return is usually… …
