preferential tax treatment
1tax expenditure — any reduction in government revenue through preferential tax treatment, as deductions or credits. * * * …
2tax expenditure — any reduction in government revenue through preferential tax treatment, as deductions or credits …
3treatment — treat‧ment [ˈtriːtmənt] noun 1. [countable, uncountable] a particular way of dealing with someone or something: • The range of permissible accounting treatments is amazingly broad. • The investigation found that some contractors received… …
4Life insurance tax shelter — A life insurance tax shelter uses investments in life insurance to protect income or assets from tax liabilities. Life insurance proceeds are not taxable in many jurisdictions. Since most other forms of income are taxable (such as capital gains,… …
5income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …
6Flat tax — A flat tax (short for flat rate tax) is a tax system with a constant tax rate. [James, Simon (1998) A Dictionary of Taxation , Edgar Elgar Publishing Limited: Northampton, MA] Usually the term flat tax would refer to household income (and… …
7capital gains tax — n [C, U] (in Britain) a tax on the profits people make from selling investments (= things in which they have invested money), such as shares or property. * * * Tax levied on gains realized from the sale or exchange of capital assets. Though… …
8Carbon tax — Part of a series on Green economics Concepts …
9Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… …
10Foundation (United States law) — A foundation in the United States is a type of charitable organization. However, the Internal Revenue Code distinguishes between private foundations (usually funded by an individual, family, or corporation) and public charities (community… …
