Tag: provisions
General Provisions
What are 'General Provisions'
General provisions are balance sheet items representing funds set aside by a company as assets to pay for anticipated future losses....
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 Clawback Agreement
What is a Tax Clawback Agreement
A Tax Clawback Agreement is an agreement between a taxpayer and the IRS in which the taxpayer agrees to...
Dead Hand Provision
What is 'Dead Hand Provision' A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against...
Dodd-Frank Wall Street Reform and Consumer Protection Act
DefinitionThe Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into United States federal law by US President Barack Obama on July 21,...
Jobs And Growth Tax Relief Reconciliation Act of 2003 (JGTRRA)
In this post, we will be discussing the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA). This was a bill that was...
Economic Growth And Tax Relief Reconciliation Act of 2001 (EGTRRA)
What is 'Economic Growth And Tax Relief Reconciliation Act of 2001 - EGTRRA' A U.S. tax law, effective for tax years beginning...
Earnout
What is an earnout and how does it work
An earnout is a performance-based bonus that is paid out over time, typically in addition to...
Taft-Hartley Act
What is 'Taft-Hartley Act' The Taft-Hartley Act is a federal law that was enacted in 1947 that prohibited certain union practices and...
Maastricht Treaty
What is the 'Maastricht Treaty' The Maastricht Treaty is the treaty that is responsible for the creation of the European Union, signed...