摘要: Any event or transaction that results in a tax consequence for the party who executes the event. Common examples of taxable events for investors include receiving interest and dividends, selling secur[阅读全文:]
摘要: The amount of income that is used to calculate an individual’s or a company’s income tax due. Taxable income is generally described as gross income or adjusted gross income minus any deduc[阅读全文:]
摘要: A divestiture of a subsidiary or division by a publicly traded company, which will be subject to capital gains taxation. The subsidiary will become completely independent from the parent corporation, [阅读全文:]
摘要: Also known as the Social Security Wage Base, this base is the maximum amount of earned income upon which employees must pay Social Security taxes. Generally, the employee's gross wages will be equal [阅读全文:]
摘要: A situation in which a government imposes taxes on a particular group of its citizens, despite the citizens not consenting or having an actual representative deliver their views when the taxation deci[阅读全文:]
摘要: Taxation refers to the act of a taxing authority actually levying tax. Taxation as a term applies to all types of taxes, from income to gift to estate taxes. It is usually referred to as an act; any r[阅读全文:]
摘要: An independent organization within the Internal Revenue Service that reports to the National Taxpayer Advocate. The TAS is designed to assist both businesses and individual taxpayers with tax-related [阅读全文:]
摘要: A measure created by conservative and libertarian groups that seeks to limit the growth of government and to police the actions of the Internal Revenue Service (IRS). The Taxpayer Bill of Rights (TABO[阅读全文:]
摘要: An account that does not charge taxes on any contributions, interest earned, dividends or capital gains, and can be withdrawn tax free. Tax-free savings accounts were introduced in Canada in 2009 with[阅读全文:]
摘要: A legal method of minimizing or decreasing an investor's taxable income and, therefore, his or her tax liability. Tax shelters can range from investments or investment accounts that provide favorable[阅读全文:]