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Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

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Contributors in Financial services

Financial services > General Finance

tax swap

Financial services; General Finance

Swapping two similar bonds to receive a tax benefit.

trust company

Financial services; General Finance

An organization that acts as a fiduciary and administers trusts.

tax-timing option

Financial services; General Finance

The option to sell an asset and claim a loss for tax purposes or not sell the asset and defer the capital gains tax.

trust deed

Financial services; General Finance

Agreement between trustee and borrower setting out terms of a bond.

tax umbrella

Financial services; General Finance

Tax loss carryforwards from previous business losses that form a tax shelter for profits earned in current and future years.

trust fund transaction

Financial services; General Finance

An intra budgetary financial arrangement in which both payments and receipts occur within the same trust fund group.

Taxpayer Relief Act of 1997

Financial services; General Finance

Legislation forming part of a larger act designed to balance the federal budget. Some of the legislation's provisions included tax credits for taxpayers supporting children, an ...