public tax

  • 21Public sector economics — (or public economics for short) is the study of economic issues that concern the public sector in a mixed economy. While much of economics is based on how markets work, public sector economics focuses on why markets fail, and what issues arise… …

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  • 22Public housing in Puerto Rico — is a subsidized system of housing units, mostly consisting of housing projects ( Residenciales in Spanish), which are provided for low income and impoverished families in Puerto Rico, a territory of the United States. The system is mainly… …

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  • 23Tax Freedom Day — is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is annually calculated in the United States by the Tax Foundation mdash;a Washington, D.C. based tax research… …

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  • 24Public Utility Model — ( PUM ) EMS is an ambulance system in which the community retains public control of the ambulance system s capital assets and accounts receivable through direct, accountable daily oversight. It then subcontracts the day to day operations to an… …

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  • 25Tax competition — exists when governments are encouraged to lower fiscal burdens to either encourage the inflow of productive resources or discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment,… …

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  • 26Tax farming — was originally a Roman practice whereby the burden of tax collection was reassigned by the Roman State to private individuals or groups. In essence, these individuals or groups paid the taxes for a certain area and for a certain period of time,… …

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  • 27Tax File Number — (TFN) is an 8 or 9 digit number issued by the Australian Taxation Office (ATO) to each taxpayer (individual, company, superannuation fund, partnership or trust) to identify their Australian tax dealings. In the past, individuals received a 9… …

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  • 28tax and spend — UK US verb [I] DISAPPROVING POLITICS, TAX ► to make government policies that increase taxes in order to spend on public services: »The party promises not to tax and spend. tax and spend noun [U] ► »After 18 years of public sector cutbacks, voters …

    Financial and business terms

  • 29Tax preparation — is the act of preparing the filing of income tax returns. Because United States income tax laws are considered to be complicated, many people and corporations seek outside assistance with taxes.Tax preparation may be done by the filer, with the… …

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  • 30Tax profit — or taxable profit is used to distinguish between accounting profit or earnings (the number that is generally referred to in financial results for public companies and quoted in the press). Taxable profit is the number that is used to calculate… …

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