Tag: effects
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...
Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA)
What is 'Tax Equity And Fiscal Responsibility Act Of 1982 - TEFRA' Federal tax legislation passed in 1982 that modified some aspects...
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 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...
Tax Drag
What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually...
Tax Avoidance
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...
Tariff
What is a 'Tariff' A tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the...
Takeover Bid
DefinitionTakeover Bid was a BBC Television primetime entertainment quiz programme that aired on BBC1 from 26 May 1990 until 15 July 1991. The programme...
Dayrate Volatility
What is 'Dayrate Volatility' The intraday unpredictability of an exchange rate (or price of a good or service), that changes due to...
Family Offices
DefinitionThe term family office can refer to a family controlled investment group, and also the two major terms: single family office or multi-family office....