tax : Idioms & Phrases
Index
- ad valorem tax
- capital gains tax
- council tax
- Crown tax
- death tax
- declaration of estimated tax
- degressive tax
- departure tax
- Direct tax
- earnings before interest taxes depreciation and amortization
- estate tax
- estimated tax
- estimated tax return
- excise tax
- federal tax lien
- franchise tax
- gasoline tax
- gift tax
- graduated tax
- hidden tax
- Income tax
- income tax bracket
- income tax return
- Indirect tax
- inheritance tax
- land tax
- license tax
- nuisance tax
- Poll tax
- progressive tax
- property tax
- proportional tax
- sales tax
- single tax
- stamp tax
- state tax lien
- tax advantage
- tax assessment
- tax assessor
- tax avoidance
- tax base
- tax benefit
- tax bill
- tax boost
- tax bracket
- tax break
- Tax cart
- tax collection
- tax collector
- tax credit
- tax cut
- tax deduction
- tax evasion
- tax form
- tax haven
- tax hike
- tax income
- tax law
- tax liability
- tax lien
- tax policy
- tax program
- tax rate
- tax return
- tax revenue
- tax shelter
- tax system
- tax write-off
- tax-exempt
- tax-exempt security
- tax-free
- tax-increase
- To abate a tax
- transfer tax
- value-added tax
- Window tax
- withholding tax
ad valorem tax
-
noun a tax levied on the difference between a commodity's price before taxes and its cost of production
ad valorem tax; VAT.
WordNet
capital gains tax
-
noun a tax on capital gains
- he avoided the capital gains tax by short selling
WordNet
council tax
-
noun a tax levied on households by local authorities; based on the estimated value of the property and the number of people living in it
WordNet
Crown tax
(Eccl. Hist.) , a golden crown, or its value, which was required annually from the Jews by the king of Syria, in the time of the Maccabees. 1 Macc. x. 20.
Webster 1913
death tax
-
noun a tax on the estate of the deceased person
death tax; death duty; estate tax.
WordNet
declaration of estimated tax
-
noun return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
declaration of estimated tax.
WordNet
degressive tax
-
noun any tax in which the rate decreases as the amount subject to taxation increases
WordNet
departure tax
-
noun a tax that is levied when you are departing a country by land or sea or air
WordNet
Direct tax
-
noun a tax paid directly by the person or organization on whom it is levied
WordNet
- a tax assessed directly on lands, etc., and polls, distinguished from taxes on merchandise, or customs, and from excise.
Webster 1913
earnings before interest taxes depreciation and amortization
-
noun income before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability that is watched by investors (especially in leveraged buyouts)
EBITDA.
WordNet
estate tax
-
noun a tax on the estate of the deceased person
death tax; death duty; estate tax.
WordNet
estimated tax
-
noun income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
WordNet
estimated tax return
-
noun return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
declaration of estimated tax.
WordNet
excise tax
-
noun a tax that is measured by the amount of business done (not on property or income from real estate)
excise.
WordNet
federal tax lien
-
noun lien of the United States on all property of a taxpayer who fails to pay the federal government the taxes for which he or she is liable
WordNet
franchise tax
-
noun a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state
WordNet
gasoline tax
-
noun a tax on every gallon of gasoline sold
WordNet
gift tax
-
noun a tax imposed on transfers of property by gift during the lifetime of the giver
WordNet
graduated tax
-
noun any tax in which the rate increases as the amount subject to taxation increases
graduated tax.
WordNet
hidden tax
-
noun a tax paid unwittingly by the consumer (such as ad valorem taxes)
WordNet
Income tax
-
noun a personal tax levied on annual income
WordNet
- a tax upon a person's incomes, emoluments, profits, etc., or upon the excess beyond a certain amount.
Webster 1913
income tax bracket
-
noun a category of taxpayers based on the amount of their income
income tax bracket; income bracket.
WordNet
income tax return
-
noun document giving the tax collector information about the taxpayer's tax liability
return; income tax return.
- his gross income was enough that he had to file a tax return
WordNet
Indirect tax
-
noun a tax levied on goods or services rather than on persons or organizations
WordNet
- a tax, such as customs, excises,
VAT, etc., exacted directly from the merchant, but paid indirectly by the consumer in the higher price demanded for the articles of merchandise.
Webster 1913
inheritance tax
-
noun a tax on the estate of the deceased person
death tax; death duty; estate tax.
WordNet
land tax
-
noun a capital tax on property imposed by municipalities; based on the estimated value of the property
land tax.
WordNet
license tax
-
noun a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)
licensing fee; license fee.
WordNet
nuisance tax
-
noun a tax based on the cost of the item purchased and collected directly from the buyer
nuisance tax.
WordNet
Poll tax
-
noun a tax of a fixed amount per person and payable as a requirement for the right to vote
WordNet
- a tax levied by the head, or poll; a capitation tax.
Webster 1913
progressive tax
-
noun any tax in which the rate increases as the amount subject to taxation increases
graduated tax.
WordNet
property tax
-
noun a capital tax on property imposed by municipalities; based on the estimated value of the property
land tax.
WordNet
proportional tax
-
noun any tax in which the rate is constant as the amount subject to taxation increases
WordNet
sales tax
-
noun a tax based on the cost of the item purchased and collected directly from the buyer
nuisance tax.
WordNet
single tax
-
noun a system of taxation in which a tax is levied on a single commodity (usually land)
WordNet
stamp tax
-
noun a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)
stamp duty.
WordNet
state tax lien
-
noun a lien on the property of a taxpayer that the tax collector can use upon default of payment of taxes
WordNet
tax advantage
-
noun an advantage bestowed by legislation that reduces a tax on some preferred activity
WordNet
tax assessment
-
noun the value set on taxable property
WordNet
tax assessor
-
noun an official who evaluates property for the purpose of taxing it
assessor.
WordNet
tax avoidance
-
noun the minimization of tax liability by lawful methods
WordNet
tax base
-
noun collective value of taxable assets
WordNet
tax benefit
-
noun a tax deduction that is granted in order to encourage a particular type of commercial activity
tax benefit.
WordNet
tax bill
-
noun money owed for taxes
WordNet
tax boost
-
noun the amount by which taxes are increased
tax hike; tax boost.
- a tax increase of 15 percent
WordNet
tax bracket
-
noun a category of taxpayers based on the amount of their income
income tax bracket; income bracket.
WordNet
tax break
-
noun a tax deduction that is granted in order to encourage a particular type of commercial activity
tax benefit.
WordNet
Tax cart
- a spring cart subject to a low tax. Eng.
Webster 1913
tax collection
-
noun the collection of taxes
WordNet
tax collector
-
noun someone who collects taxes for the government
exciseman; internal revenue agent; taxman; collector of internal revenue.
WordNet
tax credit
-
noun a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)
WordNet
tax cut
-
noun the act of reducing taxation
- the new administration's large tax cut was highly controversial
WordNet
tax deduction
-
noun a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
deduction; tax deduction.
WordNet
tax evasion
-
noun the deliberate failure to pay taxes (usually by making a false report)
WordNet
tax form
-
noun a form to use when paying your taxes
WordNet
tax haven
-
noun a country or independent region where taxes are low
WordNet
tax hike
-
noun the amount by which taxes are increased
tax hike; tax boost.
- a tax increase of 15 percent
WordNet
tax income
-
noun government income due to taxation
taxation; tax income; revenue.
WordNet
tax law
-
noun the body of laws governing taxation
WordNet
tax liability
-
noun the amount of tax owed; calculated by applying the tax rate to the tax base
WordNet
tax lien
-
noun lien of which a tax collector may avail himself in default of taxes (analogous to a judgment lien)
WordNet
tax policy
-
noun a program for setting taxes
tax policy.
WordNet
tax program
-
noun a program for setting taxes
tax policy.
WordNet
tax rate
-
noun rate used to calculate tax liability
WordNet
tax return
-
noun document giving the tax collector information about the taxpayer's tax liability
return; income tax return.
- his gross income was enough that he had to file a tax return
WordNet
tax revenue
-
noun government income due to taxation
taxation; tax income; revenue.
WordNet
tax shelter
-
noun a way of organizing business to reduce the taxes it must pay on current earnings
shelter.
WordNet
tax system
-
noun a legal system for assessing and collecting taxes
WordNet
tax write-off
-
noun a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
deduction; tax deduction.
WordNet
tax-exempt
-
noun a security that is not subject to taxation
tax-exempt.
-
adjective satellite (of goods or funds) not taxed
untaxed; tax-exempt.
- tax-exempt bonds
- an untaxed expense account
WordNet
tax-exempt security
-
noun a security that is not subject to taxation
tax-exempt.
WordNet
tax-free
-
adjective satellite (of goods or funds) not taxed
untaxed; tax-exempt.
- tax-exempt bonds
- an untaxed expense account
WordNet
tax-increase
-
noun the amount by which taxes are increased
tax hike; tax boost.
- a tax increase of 15 percent
WordNet
To abate a tax
- to remit it either wholly or in part.
Webster 1913
transfer tax
-
noun any tax levied on the passing of title to property
WordNet
value-added tax
-
noun a tax levied on the difference between a commodity's price before taxes and its cost of production
ad valorem tax; VAT.
WordNet
Window tax
- a tax or duty formerly levied on all windows, or openings for light, above the number of eight in houses standing in cities or towns. Eng.
Webster 1913
withholding tax
-
noun income tax withheld from employees' wages and paid directly to the government by the employer
withholding.