- personal tax
- noun Date: circa 1935 direct tax
New Collegiate Dictionary. 2001.
personal tax
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Personal tax view (of capital structure) — The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage from the double taxation (corporate and personal) of income from equity. The New York Times Financial Glossary … Financial and business terms
personal tax view — (of capital structure) The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity. Bloomberg Financial… … Financial and business terms
personal tax — Broadly, the burden imposed by government on its own citizens for the benefits which that government affords by its protection and its laws. United States v Erie Railroad Co. (US) 16 Otto 327, 333, 27 L Ed 151, 155, 1 S Ct 223. In a narrower… … Ballentine's law dictionary
personal tax — noun : direct tax … Useful english dictionary
Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… … Wikipedia
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 — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 … Law dictionary
Tax preparation — is the act of preparing the filing of income tax returns. Because United States income tax laws are considered to be complicated, many people and corporations seek outside assistance with taxes.Tax preparation may be done by the filer, with the… … Wikipedia
tax return — ˈtax reˌturn noun [countable] TAX the form on which you have to give information so that your tax can be calculated: • There are step by step instructions on how to fill out a tax return. * * * tax return UK US noun [C] (also income tax return,… … Financial and business terms
personal — Appertaining to the person; belonging to an individual; limited to the person; having the nature or partaking of the qualities of human beings, or of movable property. In re Steimes Estate, 150 Misc. 279, 270 N.Y.S. 339. As to personal action… … Black's law dictionary
