tax assessment form
41income 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… …
42basis of assessment — The basis upon which personal income or business profits are assessed in the UK for each fiscal year. The individual rules for each income tax schedule identify the profits or income to be assessed in that year. These rules are complex and the… …
43basis of assessment — The basis upon which personal income or business profits are assessed in the UK for each fiscal year The individual rules for each income tax schedule identify the profits or income to be assessed in that year. These rules are complex and the… …
44Royalty rate assessment — is a practical tool to gauge the impact of a royalty commitment in a technology contract to the business interests of the contracting parties. In this coverage, the terms royalty , royalty rate and royalties are used interchangeably.A firm with… …
45Withholding tax — is an amount withheld by the party making payment to another (payee) and paid to the taxation authorities. The amount the payer deducts may vary, depending on the nature of the product or service being paid for. The payee is assessed on the gross …
46P45 (tax) — A P45 in the United Kingdom, and the Republic of Ireland is the reference code of a form titled Details of employee leaving work. The term is used in British slang as a metonym for termination of employment. The equivalent in the United States is …
47Electronic tax filing — E Filing in US= Electronic tax filing (or e filing) is a process where tax documents are submitted to the Internal Revenue Service through the internet or direct connection, usually without the need to submit any paper documents. Tax preparation… …
48Flat 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… …
49Scientific Research and Experimental Development Tax Credit Program — The Scientific Research and Experimental Development Tax Incentive Program (often referred to as simply SR ED or SRED) provides tax incentives (in the form of tax credits and/or refund) to Canadian businesses to support applied research and… …
50European Union Value Added Tax — The European Union Value Added Tax ( EU VAT ) is the system of value added tax ( VAT ) adopted by member states in the European Union Value Added Tax Area. The European Union itself does not collect the tax, but member states of the European… …
