In dictionaries:
income tax
Tax on personal or corporate earnings.
tax rate
Percentage at which income taxed.
sales tax
Tax on purchased goods, services.
tax rates
tax return
Declaration of income, tax calculation.
estate tax
Tax on deceased person's assets.
Tax credit
Reduction in tax liability amount.
property tax
Tax on owned land, buildings.
tax liability
Obligation to pay government taxes.
tax system
Structure governing financial obligation collection.
tax court
Specialized court for tax disputes.
Tax reform
the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve tax administration or to provide economic or social benefits.
tax year
Period for calculating annual taxes.
tax law
Regulations governing taxation of entities.
tax returns
Official documentation of income, taxes.
federal tax
Mandatory financial contribution to government.
tax revenues
Government income from taxes collected.
gift tax
Tax on transferring assets gratuitously.
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