provision for income taxes

  • 1provision for income taxes — An amount on the P & I statement that estimates a company s total income tax liability for the year. Bloomberg Financial Dictionary …

    Financial and business terms

  • 2income 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… …

    Universalium

  • 3Income 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… …

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  • 4Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu …

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  • 5Guaranteed 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… …

    Wikipedia

  • 6Negative income tax — Part of a series on Government Public finance …

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  • 7Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… …

    Wikipedia

  • 8Financial Support for the Elderly — ▪ 1994 Introduction by Janet H. Clark       By 1993 industrialized countries throughout the world were facing a common and growing problem how to cope with the financial problems created by a growing proportion of elderly in their populations.… …

    Universalium

  • 9Any Company, Inc.: Income statement for the year ended December 31, 20__, Table — ▪ Table Table 2: Any Company, Inc.: Income statement for the year ended December 31, 20 net sales revenues $800 interest and other revenues    14   total revenues $814   expenses   cost of merchandise sold $492   salaries of employees 116… …

    Universalium

  • 10accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …

    Universalium