tax-credit
11tax credit — /ˈtæks krɛdət/ (say taks kreduht) noun a credit received by a taxpayer in relation to certain items of expenditure or income, and deducted directly from income tax otherwise payable …
12tax credit — A credit against income tax itself, as distinguished from a deduction which applies only to reduce the income. The sum owing a taxpayer for overpayment. Internal Revenue Code § 6402(a) …
13tax credit — / tæks ˌkredɪt/ noun 1. a sum of money which can be offset against tax 2. the part of a dividend on which the company has already paid tax, so that the shareholder is not taxed on it …
14tax credit — noun a direct reduction in tax liability (not dependent on the taxpayer s tax bracket) • Hypernyms: ↑decrease, ↑diminution, ↑reduction, ↑step down …
15tax credit — lowering of the amount of tax that must be paid …
16tax credit — / tæks ˌkredɪt/ noun the part of a dividend on which the company has already paid tax, so that the shareholder is not taxed on it …
17tax credit — Additional amount on dividends paid by a company resident in France to alleviate double taxation …
18Low-Income Housing Tax Credit — The Low Income Housing Tax Credit (LIHTC; often pronounced lye tech ) is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at… …
19Child tax credit — Taxation An aspect of fiscal policy …
20Earned income tax credit — The United States federal Earned Income Tax Credit (EITC or EIC) is a refundable tax credit. For tax year 2007, a claimant with one qualifying child can receive a maximum credit of $2,853. For two or more qualifying children, the maximum credit… …
