Taxation description meaning

Taxation description meaning 26/07/2011 · A tax is called regressive if the tax rate is higher on persons of lower income or wealth than on those of higher income or wealth. Employee errors. . Systems failures. AZdictionary. ), it will also include any income taxes paid to foreign countries. Dividends, if declared, are paid to the share holders from this residue. Fraud or other criminal activity. Most popular questions people look for before coming to this pageDefinition of Tax. Learn new Accounting Terms. PROFIT AFTER TAX (PAT) is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. com was founded in 2010 and our goal is to have definitions for any english word. You may want to check anagram of tax or unscramble letters in tax. All definitions were added by our community so if you want to help us with one ore more definitions you're welcome and can you add them using the add definition form. Generally speaking, for US based companies, taxes (in the context of EBITDA) represent state and federal income tax. For council tax purposes the definition of a full-time student includes people who are: Enrolled for the purpose of attending a university or college course which lasts for at least one academic year, normally requires attendance of at least 24 weeks a year and involves on average at least 21 hours of study, tuition or work experience per week during term time; or15/11/2019 · Plus, several of the tax credits available to taxpayers with dependents are refundable, meaning they don’t just offset the tax you owe, but they can also increase your refund. For more help, check out our complete tax guide . Operational risk is the prospect of loss resulting from inadequate or failed procedures, systems or policies. If these companies have global operations (Microsoft, Apple, et al. Below list contains several dictionary definitions of tax. The Streamlined Sales Tax (SST) program is a cooperative arrangement among state governments in the United States for the collection and payment of retail sales taxes when the seller and the purchaser are located in different tax jurisdictions. , former Corp. Answer Wiki. PAT can be fully retained by a company to be used in the business. Any event that disrupts business processes Taxation description meaning