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Tooltip Tags: taxation

tax base

The sum of taxable activities, collective value of real estate, and assets subject to tax within a community. (source: http://www.investorwords.com/4885/tax_base.html)

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tax benefits

Allowable deduction on a tax return intended to reduce a taxpayer’s burden while typically supporting certain types of commercial activity. (read more: http://www.investopedia.com/terms/t/tax-benefit.asp)

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tax adviser

Financial expert especially trained in tax law who gives advice on tax issues and problems.

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tax amnesty

An opportunity afforded to a tax payer to rectify errors or omissions in past tax years or returns. (source: http://www.duhaime.org/LegalDictionary/T/TaxAmnesty.aspx)

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tax authorities

An organization with official responsibility for collecting taxes. (source: http://dictionary.cambridge.org/dictionary/business-english/tax-authority)

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tax

A financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state

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stamp duty

A tax on legal documents such as those used, e.g., for the sale or purchase of shares or the conveyance of a property to a

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smuggling

The clandestine transportation of goods or persons, such as out of a building, into a prison, or across an international border, in violation of applicable

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slush fund

An amount of money that an organization, business, or political party uses for illegal purposes.(source: macmillandictionary.com ) related: black money

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self-assessment (tax system)

Tax collection regimen in which a taxpayer is responsible for accurately computing and reporting his or her tax liability to the revenue collection agency. (source:

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