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Term of the Day
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tax credit
Definition
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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
.
work earned inc...
franked payment
tax break
dependent care...
Gulf Opportunit...
foreign tax ded...
black liquor ta...
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Popular 'Accounting & Auditing' Terms
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Mentioned in These Terms
Work Opportunity Tax Credit (WOTC)
black liquor tax credit
energy tax credit
input tax credit (ITC)
underlying tax credit
general business tax credit
rehabilitation tax credit
