摘要: A collection of various benefits provided by an employer, which are exempt from taxation as long as certain conditions are met. Any employee who receives taxable fringe benefits will have to include t[阅读全文:]
摘要: A federal subsidy that allows businesses to reduce their taxable income dollar for dollar based on specific types of fuel costs. There are several types of fuel credits. For example, a 2005 fuel credi[阅读全文:]
摘要: A managerial accounting method that describes when all fixed and variable costs, including manufacturing costs, are used to compute the total cost per unit. Full costing includes these costs when comp[阅读全文:]
摘要: A status that is important for determining dependency exemptions. Full-time status is based on what the individual's school considers full time.
An individual enrolled in a post-seconda[阅读全文:]
摘要: Income tax that is deferred because of discrepancies between a company's tax return and the tax calculated on the company's financial statements. Future income tax occurs when there is a greater amo[阅读全文:]
摘要: An increase in the value of an asset or property. A gain is measured as the amount of capital realized from selling a good at a price higher than the original purchase price.
When most g[阅读全文:]
摘要: Any income that is the result of games of chance or wagers on events with uncertain outcomes (gambling). This income is subject to taxation.
Gambling income includes any money earned pla[阅读全文:]
摘要: An arrangement in Australia that eliminates the double taxation of dividends. Dividends are dispersed with tax imputations attached to them. The shareholder is able to reduce the tax paid on the divid[阅读全文:]
摘要: After-tax investment income that is distributed by one U.K. company to another. This income is often distributed in the form of dividends. The idea behind franked income is to prevent double taxation.[阅读全文:]
摘要:
Income that is received as a tax-free distribution by one company in the U.K. from another. This income is typically tax-free to the receiving firm and is usually distributed in the form of a divid[阅读全文:]