Legal Dictionary

Search results for: “direct taxes”

  • Direct Tax

    See Tax. …

  • Indirect Tax

    All taxes, other than polls, are either direct or indirect taxes. A direct tax is one that is imposed directly upon property according to its value or on the person who it is intended shall pay the same. An indirect tax is a tax upon some right or privilege or corporate franchise or on […]

  • Taxes Occultes

    Taxes occultes in Global Commerce Policy In this regard, taxes occultes is: literally, hidden taxes. Cumulative indirect taxes a firm incurs in making a product, such as taxes in embodied in capital equipment used in the production process. The entries on trade policy are here. It does not […]

  • Direct Transfer

    United States Tax Concept of Direct Transfer A method of moving funds directly from one retirement plan to another. With a direct transfer, you order one sponsor to transfer the funds directly to the other sponsor – you do not take possession of the funds. There is no limit on the number of […]

  • Border Tax Adjustments

    Border tax adjustments in Global Commerce Policy In this regard, border tax adjustments is: refunds of, or additions to, indirect taxes (e.g. The entries on trade policy are here. Excise tax) or non-collection of dues borne by an article destined for domestic consumption if that article is […]

  • Forms of Taxation

    Definition of Forms of Taxation In relation to social issues, a meaning of forms of taxation is provided here: forms of taxation: taxes are charges imposed by the government on people or property for public purposes. Taxes take different forms like the benefit principle (gasoline taxes for […]

  • Budget

    Budget

    Financial Definition of Budget Meaning of Budget A detailed schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget. Synonyms of Budget […]

  • Tax

    Tax

    Legal Definition and Related Resources of Tax Meaning of Tax An impost , a tribute imposed upon the subject . A compulsory imposition by competent authority on the subjects. there can be no option on the part of the taxpayer to pay or not to pay […]

  • Fiscal Policy

    Financial Definition of Fiscal Policy Meaning of Fiscal Policy The use of government spending and taxing for the specific purpose of stabilizing the economy. Related Entries of Fiscal Policy in the […]

  • Customs

    Legal Definition and Related Resources of Customs Meaning of Customs Duties charged on commodities on their import into or export out of a country. A mode or system of taxation for the raising of money and is a typical form of indirect tax . A […]

  • Assessor

    Legal Definition and Related Resources of Assessor Meaning of Assessor One skilled in ascertaining value of some specific thing or class of things ; one who assists the court in trying a scientific or technical matter because of his specialized […]

  • Power

    Legal Definition and Related Resources of Power Meaning of Power The right , ability, capacity or legal authority to do some act which a person cannot do without the power. Ability of a person to produce change in legal relation by doing or not […]

  • Power

    Legal Definition and Related Resources of Power Meaning of Power The right , ability, capacity or legal authority to do some act which a person cannot do without the power. Ability of a person to produce change in legal relation by doing or not […]

  • Benefit

    Advantage; profit. In the context of certain social welfare legislations, the term means periodic payments made to a qualified recipient.

  • Special Assessment

    Special Assessment

    As distinct from a general tax, a special or local assessment is one imposed upon property within a limited area for the payment of a local improvement supposed to enhance the value of all property within that area. It is in the nature of a tax levied upon property according to […]