specific tax — ➔ tax1 * * * specific tax UK US noun [C or U] (also specific duty, specific tariff) TAX ► a tax that is given as a fixed rate for each unit of a good or service, rather than based on its value: »They agreed to a new specific tax on petroleum… … Financial and business terms
Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… … Wikipedia
specific tariff — UK US noun [C or U] TAX ► SPECIFIC TAX(Cf. ↑specific tax) … Financial and business terms
Tax Freedom Day — is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is annually calculated in the United States by the Tax Foundation mdash;a Washington, D.C. based tax research… … Wikipedia
Tax protester (United States) — Part of a series on Taxation Taxation in the United States … Wikipedia
Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… … Wikipedia
Tax noncompliance — Taxation An aspect of fiscal policy … Wikipedia
tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… … Financial and business terms
tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid … Black's law dictionary
specific duty — Duty based on a unit quantity (for example litre or kilogram) of the imported goods. HM Customs & Revenue Glossary * * * specific duty specific duty ➔ duty * * * specific duty UK US noun [C or U] TAX ► SPECIFIC TAX(Cf. ↑specific tax) … Financial and business terms
Tax-Sheltered Annuity — A type of annuity that allows an employee to make contributions from his or her income into a retirement plan. The contributions are deducted from the employee s income and, as a result, the contributions and related benefits are not taxed until… … Investment dictionary