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.

Gulf Opportunit...

Foreclosure Pre...

work earned inc...

child tax credi...

tax reduction s...

input tax credi...

net tax liabili...

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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

input tax credit (ITC)

energy tax credit

child tax credit

Work Opportunity Tax Credit (WOTC)

fuel tax credit

nonrefundable tax credit

unified tax credit

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