transfer income
1transfer income — UK US noun [C or U] UK (US transfer payment) FINANCE, GOVERNMENT, TAX ► money from the government in the form of benefits (= payments for people who cannot find a job or are too ill to work), subsidies (= money given to reduce the cost of… …
2transfer payment — ➔ payment * * * transfer payment UK US noun [C or U] US FINANCE, GOVERNMENT, TAX ► TRANSFER INCOME(Cf. ↑transfer income) …
3transfer payment — transfer income A payment made or income received in which no goods or services are being paid for. Pensions, unemployment benefits, subsidies to farmers, etc. , are transfer payments; they are excluded in calculating gross national product …
4income — money that is being earned by the business. Glossary of Business Terms * * * income in‧come [ˈɪŋkʌm, ˈɪn ] noun 1. [countable, uncountable] money that you earn from your job or that you receive from investments: • The family pays more than 50% of …
5Transfer pricing — refers to the pricing of contributions (assets, tangible and intangible, services, and funds) transferred within an organization. For example, goods from the production division may be sold to the marketing division, or goods from a parent… …
6Income taxes in Canada — constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the last fiscal year, the government collected roughly three times more personal income taxes than it did corporate… …
7Income splitting — is a method of reducing a family s income tax in a jurisdiction that employs progressive taxation. In situations where one member of a household earns considerably more than another, they will likely be in a higher tax bracket, and thus have to… …
8transfer pricing — n. The practice of transferring goods, services, loans, intellectual property, or other commodities to other jurisdictions or countries in order to set prices at local levels and gain tax advantages. The Essential Law Dictionary. Sphinx… …
9Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… …
10Transfer payment — In political science and economics, a transfer payment is a payment of money from a government to an individual for which no good or service is required in return. In economics, government transfer payments can be considered a negative tax, since …
