摘要: 1. The original value of an asset for tax purposes (usually the purchase price), adjusted for stock splits, dividends and return of capital distributions. This value is used to determine the capital g[阅读全文:]
摘要: Any travel expenses incurred while at a business convention. These expenses are tax-deductible if they are business or work-related.
Travel expenses may include food, lodgings, conventio[阅读全文:]
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One of two accounting methods used to allocate the costs of extracting natural resources, such as timber, minerals and oil, and to take those costs as a tax deduction. Cost depletion looks at the t[阅读全文:]
摘要: The act of a parent company, whose headquarters are located within U.S. borders, switching registration with their offshore subsidiary in order to take advantage of foreign tax benefits.
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A claim made against a business for outstanding debt. The debt can be owed to another business, or could be in the form of tax obligations to the government. For example, the federal government may[阅读全文:]
摘要: A levy placed on the profit of a firm; different rates are used for different levels of profits.
Corporate taxes are usually levied by all levels of government (ie. State and Country)
摘要: A comprehensive tax return that encompasses a group of smaller entities. Consolidated tax returns are often filed by business conglomerates on behalf of all subsidiary firms. They are filed both for s[阅读全文:]
摘要: Any interest that is paid during the construction phase of a building or other tangible property. The interest may be incurred directly as the result of a construction loan. Construction interest expe[阅读全文:]
摘要: A tax term mandating that a taxpayer is liable for income, which has not been physically received, but has been credited to the taxpayer's account or otherwise becomes available for him or her to dra[阅读全文:]
摘要: A section of the Internal Revenue Code that expands the types of transactions that are considered to be sales and are subject to capital gains tax. According to this rule, transactions that effectivel[阅读全文:]