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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

Accidental means death benefit

Accounting; Tax

An option in an insurance policy where the payment is a multiple (frequently double) the policy face amount in the case of death by accidental means Death must usually result from the accidental ...

Legal source tax crimes

Accounting; Tax

Crimes involving legal industries and occupations and legally earned income

Hard costs

Accounting; Tax

The direct costs of acquiring a business (such as the purchase price), constructing a building (brick and mortar), etc , as opposed to legal, accounting, consulting, financing, costs, which are ...

A liability arising when a vendor provides goods or services that are not immediately paid for and where the liability is not formalised in writing but backed by the reputation and credit worthiness ...

Like-kind exchange

Accounting; Tax

A tax device for deferring gain on the transfer of a property by exchanging it for similar property For example, you exchange investment property in New Hampshire for investment property in Colorado ...

Gross lease

Accounting; Tax

As opposed to a net lease, a gross lease is one where the tenant is responsible for either none of the increase in operating expenses of the building, or only the amount above a stop If a base or ...