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.

tax reduction s...

franked payment

unilateral reli...

input tax credi...

nonrefundable t...

child tax credi...

Research Activi...

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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

input tax credit (ITC)

unified tax credit

underlying tax credit

black liquor tax credit

general business tax credit

Work Opportunity Tax Credit (WOTC)

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