Tag: revenue
Import Duty
Import Duty What is an 'Import Duty ' Import duty is a tax collected on imports and some exports by the...
National Fund For Hydrocarbon Reserves (Mauritania)
What is 'National Fund For Hydrocarbon Reserves (Mauritania)' A sovereign wealth fund administered by the Banque Centrale de Mauritanie, the central bank...
Nanny Tax
DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the...
Offer In Compromise
DefinitionThe Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax...
Oil Stabilization Fund (Iran)
What is 'Oil Stabilization Fund (Iran)' A government-controlled sovereign wealth fund managed for the government of Iran. The funds deposited with the...
Make To Assemble (MTA)
What is 'Make To Assemble - MTA' A manufacturing production strategy where a company stocks the basic components of a product based...
Ability-To-Pay Taxation
What is 'Ability-To-Pay Taxation' Ability-to-pay taxation is a progressive taxation principle that maintains that taxes should be levied according a taxpayer's ability...
Abeyance Order
What is 'Abeyance Order' An order that is temporarily placed on hold or held in suspension, due to prevailing circumstances, until it...
Accelerated Cost Recovery System (ACRS)
What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery Tax Act of 1981. ACRS...
Abusive Tax Shelter
What is 'Abusive Tax Shelter' An investment scheme that claims to reduce income tax without changing the value of the user's income...