profit tax

  • 21tax loss — noun A loss that can be offset against taxable future profits • • • Main Entry: ↑tax * * * n. Economics a loss that can be offset against taxable profit earned elsewhere or in a different period …

    Useful english dictionary

  • 22profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …

    Financial and business terms

  • 23Profit (accounting) — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 24profit — noun ADJECTIVE ▪ big, considerable, decent, enormous, fat, good, greater, handsome, healthy, hefty, high …

    Collocations dictionary

  • 25Tax protester constitutional arguments — UStaxationTax protester constitutional arguments are assertions that the imposition of the federal income tax violates the United States Constitution. These kinds of tax protester arguments are distinguished from related statutory arguments and… …

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  • 26Tax 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 …

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  • 27profit — prof|it1 W1S1 [ˈprɔfıt US ˈpra: ] n [Date: 1200 1300; : Old French; Origin: Latin profectus, past participle of proficere; PROFICIENT] 1.) [U and C] money that you gain by selling things or doing business, after your costs have been paid ≠ ↑loss… …

    Dictionary of contemporary English

  • 28Tax accounting in the United States — U.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed by tax law, which are separate and distinct… …

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  • 29profit — / prɒfɪt/ noun money gained from a sale which is more than the money spent on making the item sold or on providing the service offered ♦ profit after tax profit after tax has been paid ♦ to take your profit to sell shares at a higher price than… …

    Marketing dictionary in english

  • 30Tax protester history — A tax protester, in the United States, is a person who denies that he or she owes a tax based on the belief that the constitution, statutes, or regulations do not empower the government to impose, assess or collect the tax. The tax protester may… …

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