摘要: The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually on an investment. Tax drag is commonly used when describing the difference between an inve[阅读全文:]
摘要: 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-[阅读全文:]
摘要: Federal tax legislation passed in 1982 that modified some aspects of the Economic Recovery Tax Act of 1981 (ERTA). Both of these pieces of tax legislation took place during the Reagan Presidency.
[阅读全文:]
摘要: An illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and sub[阅读全文:]
摘要: To be free from, or not subject to, taxation by regulators or government entities. A tax exempt entity can be excused from a single or multiple taxation laws. Governments are often trying to encourage[阅读全文:]
摘要:
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" arrangement[阅读全文:]
摘要: A court of law whose sole jurisdiction is to decide litigation involving federal income, death, and other taxes.
This is where you go if you don't pay your taxes!
[阅读全文:]
摘要: A dollar-for-dollar reduction in the tax payment required from a person.
[阅读全文:]
|