tax

(redirected from Tax Equity and Fiscal Responsibility Act of 1982)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Wikipedia.
Related to Tax Equity and Fiscal Responsibility Act of 1982: Tax Reform Act of 1986

tax

a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc.
References in periodicals archive ?
* The Tax Equity and Fiscal Responsibility Act of 1982, designed to increase receipts $98.3 billion and reduce outlays $17.5 billion over fiscal years 1983-85.
The Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) was enacted to improve auditing and adjustment of income items attributable to partnerships.
95-600) and ma& the section permanent as part of the Tax Equity and Fiscal Responsibility Act of 1982. Section 530 was designed to preclude the Internal Revenue Service from retroactively correcting erroneous classifications of workers if an employer consistently and in good faith classified them as in&pendent contractors.
determining the tax treatment of items arising from the shelter or risk a significant penalty." Staff of the Joint Committee on Taxation, General Explanation of the Revenue Provisions of the Tax Equity and Fiscal Responsibility Act of 1982, 97th Cong., 2d Sess.
The Tax Equity and Fiscal Responsibility Act of 1982. -- The Tax Equity and Fiscal Responsibility Act (TEFRA) was enacted in September 1982; a complete discussion of TEFRA is in the September 1982 SURVEY.
AD Global Fund (the plaintiff) is a limited liability company treated as a partnership for Federal income tax purposes and subject to the Unified Partnership Procedures of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA); see Secs.