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Horizontal Equity
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摘要: The theory stating that people in the same income bracket should be taxed at the same rate.

This is the case in many westernized countries.



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Household Employee
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摘要:

An individual who is paid to provide a service within a residence. Examples include babysitters, nannies and housekeepers. Independent contractors such as repairmen and plumbers are not considered [阅读全文:]

Household Expenses
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摘要: A per person breakdown of general living expenses. It includes the amount paid for lodging, food consumed within the home, utilities paid and other expenses. The sum of all the expenses is then divide[阅读全文:]

Import Duty
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摘要: A tax collected on imports and some exports by the customs authorities of a country. This tax is used to raise state revenue. It is based on the value of goods called ad valorem duty or the weight, di[阅读全文:]

Impose
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摘要: The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of the investor. The imposition of fees is a common practice in most investment products and services, and may[阅读全文:]

Imputed Interest
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摘要: A term used to describe interest that is considered to be paid, even through no interest payment has been made.

Imputed interest is calculated based on the actual payments that are to be[阅读全文:]

Incidental Expenses
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摘要: Expenses including fees and tips for porters, baggage handlers and other personal service employees. These expenses are part of the "meals and incidental expenses reimbursement" rates provided by th[阅读全文:]

Home Office Expense
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摘要: Expenses incurred from the operation of a business or the performance of employment-related activities within your residence. To be able to deduct home office expenses, an individual must spend at lea[阅读全文:]

Home Office
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摘要: An office located inside the taxpayer's home that serves as the taxpayer's principal place of business. In order for home office-related expenses such as utilities and mortgage payments to be deduct[阅读全文:]

Hope Credit
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摘要: A nonrefundable education tax credit that can be claimed for students that have yet to complete two years of post secondary education. The Hope Credit may be taken for tuition and fees, but not room a[阅读全文:]