less tax
81Tax attribute — The Internal Revenue Code contains a limited number of specific statutory provisions excluding from income economic benefits that would otherwise constitute gross income under the Code. IRC § 108 constitutes one such exclusion. Section 108… …
82Tax Anticipation Note - TAN — A short term debt security issued by a state or local government to finance an immediate project that will be repaid with future tax collections. State and local governments use tax anticipation notes to borrow money, typically for one year or… …
83tax deposit certificate — A certificate issued by the UK Inland Revenue to a taxpayer who has made an advance payment in anticipation of future income tax, capital gains tax, or corporation tax. The initial payment must not be less than £2000 and has to be made to a tax… …
84tax deposit certificate — A certificate issued by HM Revenue and Customs to a taxpayer who has made an advance payment in anticipation of future income tax, capital gains tax, or corporation tax. The initial payment must not be less than £2000 and has to be made to a tax… …
85tax evasion — Illegally paying less in taxes than the law permits; committing fraud in filing or paying taxes. An example includes reporting less income than actually received or deducting fictitious expenses. Such act is a crime and may result in an… …
86Tax-Equivalent Yield — The pretax yield that a taxable bond needs to possess for its yield to be equal to that of a tax free municipal bond. This calculation can be used to fairly compare the yield of a tax free bond to that of a taxable bond in order to see which bond …
87tax invoice — a document generally issued by the supplier; It shows the price of a supply, indicating whether it includes GST, and may show the amount of GST. It must show other information, including the ABN of the supplier. You must have a tax invoice before …
88TAX GATHERERS — In Jewish history in the period of Roman rule two categories should be distinguished under this heading: (1) mokhesim, farmers general (see publicani), by preference of the equestrian order, and (2) gabba im, their agents employed in collecting… …
89Tax 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,… …
90Tax Refund Anticipation Loan - RAL — A loan provided by a third party against a taxpayer s expected refund. The tax refund anticipation loan is not provided by the U.S. Treasury or the IRS and is subject to the interest and fees set by the lender. These loans are most often offered… …
