Tag: amount

When determining how much goodwill a company possesses, there are several factors that must be considered. These factors include the measurement of goodwill, the...

DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....

DefinitionTerm life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time,...

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...

DefinitionTax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax...

DefinitionTax law is an area of legal study dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable...

What is a tax base and why is it important A tax base is the total value of all taxable property in a jurisdiction. This...

What is 'Tandem Loan' Two loans taken out on one asset, which is usually a house; the secondary loan is normally added...

DefinitionA tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total...

What is 'Tax Attribute' A type of loss or tax credit that must be reduced as a result of the exclusion of...