Tax Evasion
DefinitionTax evasion is the illegal evasion of taxes by individuals, corporations, and trusts. Tax evasion often entails taxpayers deliberately misrepresenting the true state of their affairs to the tax authorities to reduce their tax liability and includes dishonest tax reporting, such as declaring less income, profits or gains than the amounts actually earned, or overstating deductions. Tax Evasion ...
Tangible Asset
What is a tangible asset A tangible asset is an asset with a physical form. Tangible assets include both fixed assets, such as buildings and machinery, and liquid assets, such as cash and investments. Tangible assets are important because they can be used to generate revenue or create value for a company. For example, a company might use its factory...
Tape Reading
How to Make the Most Money From Tape Reading Although you can master the art of tape reading in a few minutes, it can take years to get it right. The market is incredibly complex, and the structure has changed dramatically over the years. If you want to know how to make the most money from tape reading, here are...
Tax Arbitrage
What is 'Tax Arbitrage' The practice of profiting from differences between the way transactions are treated for tax purposes. The complexity of tax codes often allows for many incentives which drive individuals to restructure their transactions in the most advantageous way in order to pay the least amount of tax. Some forms of tax arbitrage are legal...
Target Return
What is a 'Target Return' A target return is a pricing model that prices a business based on what an investor would want to make from any capital invested in the company. Target return is calculated as the money invested in a venture plus the profit that the investor wants to see in return, adjusted for the...
Takeout
DefinitionTake-out or takeout; carry-out; take-away, takeaways, parcel, refer to prepared meals or other food items, purchased at a restaurant, that the purchaser intends to eat elsewhere. A concept found in many ancient cultures, take-out food is now common worldwide, with a number of different cuisines and dishes on offer. Takeout What is 'Takeout' A slang term denoting...
Tangible Common Equity – TCE
DefinitionTangible common equity is the subset of shareholders' equity that is not preferred equity and not intangible assets. Tangible Common Equity - TCE What is 'Tangible Common Equity - TCE' Tangible common equity (TCE) is a measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. Tangible common...
Tax Efficiency
Definition A financial process is said to be tax efficient if it is taxed at a lower rate than an alternative financial process that achieves the same end. Tax Efficiency What is 'Tax Efficiency' Tax efficiency is an attempt to minimize tax liability when given many different financial decisions. There are a variety of ways to obtain tax efficiency, including selecting tax efficient...
Tandem Plan
What is 'Tandem Plan' In the United States, the government has supported a mortgage purchase scheme. Tandem loans are financial support provided to builders and developers of non-profit public housing projects to help them meet their financial obligations. When mortgages are purchased at a discount from the market price, the Government National Mortgage Association (GNMA / Ginnie Mae) sells them...
Tax Benefit
What is a 'Tax Benefit' A tax benefit is an allowable deduction on a tax return intended to reduce a taxpayer's burden while typically supporting certain types of commercial activity. A tax benefit allows some type of adjustment benefiting a taxpayer's tax liability. Explaining 'Tax Benefit' Tax benefits provide an advantage to the taxpayer...