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Tax

Of or relating to the fees charged by a government on a product, income, or activity; and also to the system by which they are successfully levied.

Industry: Accounting

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Tax

cash flow

Accounting; Tax

Generally, the net income from an investment or business plus depreciation and other noncash charges For example, Madison Inc has reported net income of $100,000, which includes a depreciation ...

cash-on-cash return

Accounting; Tax

Usually reserved for real estate income properties, it's the annual cash flow from the property divided by your cash investment Sometimes called return on equity or equity dividend rate It's a ...

The ratio of cash and marketable securities to current liabilities It's similar to the Quick Ratio but does not include accounts receivable in the numerator It's another measure of how much of the ...

cat bonds

Accounting; Tax

Catastrophe bonds, linked to natural disasters in the U S and overseas

certificate of compliance

Accounting; Tax

A vendor's certification that the supplies or services delivered meet certain specified requirements

claims-occurrence basis

Accounting; Tax

With this type of insurance policy the insurer is responsible for claims from events that occurred during the time the policy was in force It makes no difference when the claim is filed

closely held corporation

Accounting; Tax

A corporation with five or fewer shareholders who own more than 50% in value of the stock at any one time during the year Note, this is the IRS definition In common usage the definition can be ...