tax

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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 ?
He further highlighted that tax planning strategies were vital for a business as these were typically implied to help a business achieve their financial and business goals.
Tax planning is the restructuring of activities in a way to maximise the tax benefits by making best possible use of all the legal options like setting up a new company in free zones, focussing on local purchases, and so on.
Comprehensive and proactive year-end tax planning can be overwhelming.
This structure will enable us to consider appointing other top level tax planning specialists, whether they are lawyers or not."
Her particular emphasis will be on inheritance, capital gains and income tax planning.
When the big-four become more cautious, the industry becomes more conservative and tax planning becomes steady.
"Other traditional tax planning firms' crunches numbers to illustrate 'what-if' scenarios based on future assumptions," said Mr.
* they believe that the value creation potential of tax planning is less than the potential of improving core operations;
In Part III we elaborate our first normative proposition, concerning the government's optimal attitude towards tax planning activities.
The 1031 Exchange has become one of the most significant estate tax planning techniques in a dwindling list of estate tax strategies due to the various tax reform statutes that have eliminated many windfalls and loopholes which are the unintended but inevitable result of clever people poking at the soft underbelly of tax legislation.