Legal Dictionary

Search results for: “non personal tax”

  • Personal Tax View (Of Capital Structure)

    The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage from the double taxation (corporate and personal) of income from equity….

  • Known Personally

    A conventional term in a certificate of acknowledgment, indicating the officer’s knowledge of the identity of the person acknowledging. …

  • Actio Personalis Moritur Cum Persona

    (Lat.) A personal action dies with the person. In Practice. A maxim which formerly expressed the law in regard to the surviving of personal actions. …

  • Farmer

    Legal Definition and Related Resources of Farmer Meaning of Farmer One who owns and operates a farm. Farmer Alternative Definition The lessee of a farm. It is said that every lessee for life or […]

  • Maritime Law

    Legal Definition and Related Resources of Maritime Law Meaning of Maritime Law The system of law which particularly relates to commerce and navigation , to harbors, ships and seamen, to business transacted at sea or relating to navigation, to the […]

  • Education

    Education

    Legal Definition and Related Resources of Education Meaning of Education Synonyms of Education noun accomplishments acquirements acquisition of knowledge body of knowledge coaching […]

  • Forum

    Legal Definition and Related Resources of Forum Meaning of Forum The place in which a remedy at law can be sought. Forum Alternative Definition At Common Law. A place; a place of jurisdiction ; […]

  • Bank

    Legal Definition and Related Resources of Bank Meaning of Bank An association or corporation whose business it is to receive money on deposit , cash checks or drafts, discount commercial papers, make loans and issue promissory notes payable to […]

  • Contract

    Legal Definition and Related Resources of Contract Meaning of Contract A deliberate engagement between competent parties upon a legal consideration to do or abstain from doing some act. It is essential to the creation of a contract that the […]

  • Welfare

    nounadvantage affluence benefit commodis consulere fortune good haleness happiness health hominis interest luck prosperity prosperousness soundness succes…

  • Sole Proprietorship

    Sole Proprietorship

    A business owned by a single individual. The sole proprietorship pays no corporate income tax but has unlimited liability for business debts and obligations….

  • Partnership

    Partnership

    The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]

  • Delivery

    Delivery

    Legal Definition and Related Resources of Delivery Meaning of Delivery The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. In the sale of goods , delivery takes place when […]

  • Interest

    Interest

    Legal Definition and Related Resources of Interest Meaning of Interest In relation to being objectively concerned in something, by having a right or title to, a claim upon, or a share in. legal concern in a thing; especially right or title to […]

  • Sale

    Sale

    Legal Definition and Related Resources of Sale Meaning of Sale The transmutation or transfer of the property in a personal chattel from one person to another for a consideration paid or agreed to be paid. state v Mitchell, 156 N.C. 659, 72 S.E. […]