tax funds
21tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …
22tax law — Introduction body of rules under which a public authority has a claim on taxpayers, requiring them to transfer to the authority part of their income or property. The power to impose taxes is generally recognized as a right of governments.… …
23Tax Justice Network — The Tax Justice Network (TJN) is a coalition of researchers and activists with a shared concern about what they argue are the harmful impacts of tax avoidance, tax competition and tax havens, which corrupt national tax regimes and onshore… …
24tax credit — A direct dollar for dollar reduction in tax allowed for expenses such as child care and R&D for building low income housing. Compare tax deduction. Bloomberg Financial Dictionary Additional amount on dividends paid by a company resident in France …
25tax bracket — The percentage of tax obligation for a particular taxable income. Bloomberg Financial Dictionary * * * tax bracket tax bracket ➔ bracket * * * tax bracket UK US noun [C] (also income tax bracket, also UK tax band) TAX …
26Tax-Exempt Special Savings Account — In the UK, the Tax Exempt Special Savings Account (TESSA) was one of a number tax free savings accounts. The TESSA was announced by John Major in his only Budget as Chancellor of the Exchequer in 1990 ( a budget for savings ). The TESSA was… …
27Tax Efficiency — An attempt to minimize tax liability when given many different financial decisions. There is a wide variety of tax efficient vehicles, including tax efficient mutual funds, irrevocable trusts and tax exempt commercial paper. Choosing the best tax …
28Tax refund interception — A tax refund interception is the act of an agency responsible for sending tax refunds using all or part of a refund to fulfill an obligation of the taxpayer rather than sending the money to the taxpayer him/herself. Such provisions exist within… …
29Tax-allocation district — A tax allocation district (TAD), also known as tax increment financing, is a defined area where real estate property tax monies gathered above a certain threshold for a certain period of time (typically 25 years) to be used a specified… …
30Tax Clawback Agreement — An arrangement whereby the tax benefits received from a given venture are reinvested in the venture to cover any cash shortages. A tax clawback is just one of many types of clawback arrangements, which cover various distributions such as profits …
