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Tax

Of or relating to the fees charged by a government on a product, income, or activity; and also to the system by which they are successfully levied.

Industry: Accounting

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Tax

Articles of organisation

Accounting; Tax

Similar to Articles of Incorporation, but the document filed with the secretary of state or similar authority of a state by the founders of an limited liability company (LLC) It is also known as ...

Assessments

Accounting; Tax

The right to secure additional payments from partners or co-venturers in a project

Asset activity ratios

Accounting; Tax

Rations used to determine how effectively the business is managing the assets Examples include inventory turnover and receivables turnover

Asset-backed security

Accounting; Tax

A security collateralized by assets such as receivables, inventory, instalment contracts, loans (in the case of a lender), etc

Asset-based financing

Accounting; Tax

Loans or other financings where the creditors and any equity investors base their lending/investment decisions on the cash flow from the project or asset

A transfer of your rights to another party For example, in the case of an insurance policy it's the partial or total transfer of the policyowner's rights to another party If you're selling a piece ...

Assumption

Accounting; Tax

An agreement where the purchaser agrees to make the payments on an existing mortgage on the property The original borrower remains liable unless he is specifically released