tax credit

Definition

Related Terms

Prepaid income tax (such as that deducted from dividend payment) that can be offset against the total income tax payable by an entity.

American Jobs C...

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input tax credi...

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elderly and dis...

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Popular 'Accounting & Auditing' Terms

accounting

payment terms

accounting concepts

financial management

marginal benefit

letter of credit (L/C)

asset

Mentioned in These Terms

child tax credit

black liquor tax credit

energy tax credit

input tax credit (ITC)

Work Opportunity Tax Credit (WOTC)

nonrefundable tax credit

fuel tax credit

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