10 Terms
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Regulations
Industry: Legal services
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Regulations
reformatory
Legal services; Regulations
A penal institution in which young offenders and minors are disciplined.
specific tax
Legal services; Regulations
A tax imposed as a fixed sum on each article or item of property of a given class without regards to its value.
umemployement tax
Legal services; Regulations
A tax imposed on an employer by state or federal law to cover the cost of unemployment insurance.
use tax
Legal services; Regulations
A tax imposed on the use of certain goods that are bought outside the taxing authority's jurisdiction.
value-added tax
Legal services; Regulations
A tax assessed at each step in the production of a commodity, based on the value added at each step by the difference between the commodity's production cost and its selling price.