- tax expenditure
-
any reduction in government revenue through preferential tax treatment, as deductions or credits.
* * *
Universalium. 2010.
* * *
Universalium. 2010.
tax expenditure — any reduction in government revenue through preferential tax treatment, as deductions or credits … Useful english dictionary
expenditure tax — ➔ tax1 * * * expenditure tax UK US noun [C or U] ► TAX a tax that is based on how much money people spend, rather than on how much they earn: »Expenditure tax is based on the rate of spending. → See also CONSUMPTION TAX(Cf. ↑ … Financial and business terms
tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… … Financial and business terms
Tax Free — refers to certain types of goods and/or financial products (such as municipal bonds) that are not taxed and with earnings that are not taxed. The tax free status of these goods and/or funds may incentivize individuals and business entities to… … Investment dictionary
tax written down value — For capital allowances purposes, the balance of expenditure in respect of which capital allowances have not yet been claimed. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Tax cut — A tax cut is a reduction in taxes. Economic stimulus via tax cuts, along with interest rate intervention and deficit spending, are one of the central tenets of Keynesian economics.Economic theoryThe immediate effects of a tax cut are not,… … Wikipedia
Tax evasion investigations — Under federal law, tax evasion, or tax fraud, is the purposeful illegal attempt of a taxpayer to evade payment of a tax imposed by the federal government. Conviction of tax evasion may result in fines and imprisonment. [26 U.S.C. § 7201.] The… … Wikipedia
expenditure — noun ADJECTIVE ▪ considerable, great, heavy, high, huge, large, major, massive, significant ▪ The group is calling for higher … Collocations dictionary
Tax — Taxation An aspect of fiscal policy … Wikipedia
Tax resistance — A tax resister resists or refuses payment of a tax because of opposition to the institution collecting the tax, or to some of that institution’s policies. Often tax resistance has come from pacifists, conscientious objectors or members of… … Wikipedia