Legal Dictionary

Search results for: “community tax”

  • Accumulated Taxable Income

    Meaning of Accumulated Taxable Income in the United States Tax SystemAccumulated Taxable Income may be defined, in an american taxation meaning, as the amount by which the accumulated earnings tax rate is multiplied to arrive at the accumulated earnings tax. The amount equals taxable income…

  • Ad valorem tax

    Meaning of Ad Valorem Tax in the United States Tax SystemU.S. and other Developed Countries International Tax MeaningIt is a tax on goods or property imposesd in some countries, like the United States, and expressed as a percentage of the sales price or assessed value of the item.<…

  • Ad valorem tax

    Meaning of Ad Valorem Tax in the United States Tax SystemU.S. and other Developed Countries International Tax MeaningIt is a tax on goods or property imposesd in some countries, like the United States, and expressed as a percentage of the sales price or assessed value of the item.<…

  • Withholding Tax

    A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country. Tax levied on dividends paid abroad….

  • Withholding Tax

    A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country. Tax levied on dividends paid abroad….

  • Tax Sale

    A sale of lands for the nonpayment of taxes assessed thereon. A sale made in a proceeding in rem. 108 111. 334. …

  • Tax Title

    A title to land derived through the sale of it for delinquent taxes, or through the foreclosure of a tax lien. …

  • Tax Deed

    An instrument whereby the officer of the law undertakes to convey the title of the rightful proprietor to the purchaser at the tax sale, or sale of the land for nonpayment of taxes. …

  • Tax Lien

    A statutory lien on lands to secure the payment of taxes, which exists in favor of the public. …

  • Tax Preference Items

    Items such as tax-loss carry forwards and carry backs and investment tax credits that shield corporate taxable income from taxes….

  • Investment Tax Credit

    Proportion of new capital investment that can be used to reduce a company’s tax bill (abolished in 1986)….

  • Council Tax

    English Legal System: Council TaxIn the context of the English law, A Dictionary of Law provides the following legal concept of Council Tax : A form of local tax levied on all private households (with some exceptions) to contribute to the cost of local government. It was introduced by the Local […]

  • Marginal Tax Rate

    The tax rate that would have to be paid on any additional dollars of taxable income earned….

  • Foreign Tax Credit

    Home country credit against domestic income tax for foreign taxes paid on foreign derived earnings….

  • Community Charge

    English Legal System: Community ChargeIn the context of the English law, A Dictionary of Law provides the following legal concept of Community Charge : (community charge, poll tax) A former form of local tax levied on all adults (with some exceptions) to contribute to the cost of local […]