Tax Credit

Definition: Tax Credit

Tax Credit

Noun

1. A direct reduction in tax liability (not dependent on the taxpayer's tax bracket).

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 

Finance

Source: compiled by the editor from various references; see credits.

Crosswords: Tax Credit

Books

• Earned Income Tax Credit (State-Federal Issue Brief Series : Volume 6, No. 1) (reference)

• Helping Working Families: The Earned Income Tax Credit (reference)

• Low Income Housing Tax Credit Handbook, 2001 Edition (reference)

• Making Work Pay: The Earned Income Tax Credit and Its Impact on America's Families (reference)

• Pharmaceutical Industry's Use of the Research Tax Credit (reference)

  (more book examples)

Periodicals

• Tax Credit Housing Management Insider (reference)

  (more periodical examples)

Source: compiled by the editor from various references; see credits.

Business

Any GST included in the price of the APC equipment can be claimed as an input tax credit. (references)

Civil Liberties

Canada

On June 27, the Ontario provincial legislature passed a graduated tax credit plan for parents of children attending all private schools, removing the historical limitation that provided such credits only in regard to Roman Catholic schools. (references)

Economic History

Slovak Rep

Qualified taxpayers will then receive a 100 percent tax credit for a full 10 years. (references)

Slovak Rep

To qualify for the foreign investment tax credit, an applicant must meet two sets of criteria. (references)

Political Economy

UNITED KINGDOM

This higher government consumption and investment is expected to boost GDP growth in 2001, with increases in pensions spending, and changes to the working families tax credit. (references)

VENEZUELA

Exporters of selected agricultural products, including coffee, cocoa, some fruits and certain seafood products, receive a tax credit equal to 10 percent of the export's FOB value. (references)

PHILIPPINES

Firms which earn at least 50 percent of their revenues from exports may register for certain tax credits under the "Export Development Act" (EDA), including a tax credit based on incremental export revenues. (references)

Trade

Bangladesh

An advance income tax is levied on importers; the advance tax payments can be claimed as a tax credit at the end of the tax year. (references)

Sri Lanka

A value-added tax called the "Goods and Services Tax" (GST) with an input tax credit mechanism was implemented in Sri Lanka on April 1, 1998. The GST is applicable on most goods and services imported, produced or sold locally. (references)

Worker Rights

United Kingdom

The working families' tax credit and disabled person's tax credit are designed to ensure a working family a weekly income of $319 (214 pounds), which constitutes a living wage. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

Source: compiled by the editor from various references.

Expression using "tax credit": tax credit method. Additional references.

Danish

skattekredit. (various references)

Dutch

verrekeningsstelsel (imputation system), regeling voor belastingtegoeden, heffingskorting, algemene heffingskorting. (various references)

French

imputation sur impôt (credit against a tax), déductions fiscales, crédit fiscal, crédit d'impôt (credit against a tax), avoir fiscal (credit against a tax). (various references)

German

Steuergutschrift, anrechnungsfähige, im voraus bezahlte Steuerschuld, Anrechnung der Steuer (imputing tax). (various references)

Greek 

πίστωση έναντι φόρου (credit against a tax). (various references)

Italian

metodo dell'imputazione ordinaria, imputazione dell'imposta (imputing tax). (various references)

Pig Latin

axtay editcray.(various references)

Portuguese

crédito prêmio, crédito de imposto. (various references)

Spanish

descuento impositivo, crédito tributario, crédito fiscal, crédito contra un impuesto (credit against a tax). (various references)

Misspellings

"Tax Credit" is suggested in spellcheckers for the following: tax crediy. (additional references)

Scrabble® Enable2K-Verified Anagrams

-1 letter: citrated, tetracid, tetradic.

-2 letters: attired, cattier, citrate, detract, dictate, extract, tectrix.

-3 letters: airted, attire, caried, carted, catted, cattie, crated, credit, direct, ratite, ratted, redact, tarted, taxied, taxite, tetrad, tirade, traced, triced.

-4 letters: acred, acrid, acted, aider, aired, arced, areic, attic, axite, cadet, cadre, caird, cared, caret, carex, carte, cater, cedar, ceria, cider, cited, citer, crate, cried, daric, dater, deair, derat, dicer, dicta, edict, erica, exact, extra, irade, irate, raced, radix, rated, raxed, react, recta, recti, redia, retax, retia, riced, tacet, tacit, tared, tater, taxed, taxer, tecta, terai, tetra, tired, titer, titre, trace, tract, trade, trait, tread, treat, triac, triad, trice, tried, trite, xeric.

-5 letters: aced, acid, acre, adit, aide, airt, arid, axed, cade, cadi, caid, card, care, cart, cate, cedi, cire, cite, dace, dare, dart, date, dear, dice, diet, dire, dirt, dita, dite, drat, edit, etic, exit, iced, idea, ired, race, raid, rate, read, rice, ride, rite, tace, tact, tare, tart, tate, taxi, tear, teat, text, tide, tied, tier, tire, trad, tret.

+1 letter: extricated.

+3 letters: fluidextract.

+4 letters: fluidextracts.

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