tax system

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Related to tax system: Progressive tax system, Territorial tax system
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  • noun

Words related to tax system

a legal system for assessing and collecting taxes

References in periodicals archive ?
AAT's research showed that 74 per cent of SMEs surveyed in the Midlands think that the UK tax system is too complicated.
corporate tax system has become the least competitive system among major competitors, notably those of the Organization for Economic Cooperation and Development [OECD], Engler told the committee.
Flat consumption tax--This proposal would completely scrap the existing tax system for a broad-based, flat consumption tax.
In the absence of such actions, these changes will disappear on December 31, 2010, and the nation will go back to the current tax system.
Although the city made changes to the business tax system after the GM ruling, the latest lawsuits charge that the new system still unfairly exempts locally based manufacturers from paying certain taxes that those based out of town must pay.
UP until World War II, the income tax was the part of the tax system that well-off people paid.
All that could easily double the cost of this bizarre tax system to the American people.
Tax System would not allow companies to deduct labor costs from taxable income and would have a significantly lower business tax rate.
Toward the goal of achieving equity in the real property tax system, REBNY also is proposing that a ratio should be established between the effective tax rates of the two proposed property Classes.
Johannesen's written testimony covered observations and recommendations regarding the preparedness of growing companies to implement tax reform, the tax issues facing midsized businesses that are organized as pass-through entities and suggestions to ease a few of the current tax system complexities.
Examine various alternative legislative measures to eliminate the substantial ambiguity under the current transfer tax system.
Deloitte calls CORPTAX ETS the first enterprise tax system, encompassing federal, state and international compliance and planning for corporate, partnership, Sub Chapter 5, REIT (real estate investment trust) and RIC (regulated investment company) entities under a single umbrella.
Since there is strong evidence that the 16th Amendment was never ratified by a majority of states, and that even if it was, the amendment itself is unconstitutional, the federal income tax system should be eliminated immediately.
If one includes the informal tax system we call regulation," Boskin says, "there may be $400 billion to $600 billion in additional bidden costs -- the equivalent of the annual yield of the payroll tax or the personal income tax.