Tag: costs
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 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...
Impairment
What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...
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...
Tax Expense
DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax...
Index Fund
DefinitionAn index fund is a mutual fund or exchange-traded fund designed to follow certain preset rules so that the fund can a specified basket...
De-Escalation Clause
What is 'De-Escalation Clause' An article in a contract that calls for a price decrease if there is a decrease in certain...
War Economy
DefinitionA war economy is the set of contingencies undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes...
Deadweight Loss Of Taxation
DefinitionIn economics, the excess burden of taxation, also known as the deadweight cost or deadweight loss of taxation, is one of the economic losses...
Death Benefit
What is 'Death Benefit' Death benefit is the amount on a life insurance policy, annuity or pension that is payable to the...