Business / Accounting / Advanced Corporation Tax (ACT): This is corporation tax paid in advance when a limited company issues a dividend. ACT is then deducted from the total corporation tax due when it has been calculated at year end. ACT was abolished in April 1999. See Corporation Tax .
Tax Adjective Synonyms: levy, impost, duty, tariff, assessment, tribute, toll, excise, customs, charge, contribution, scot, tithe, octroi, cess, rate(s), dues
Tax Noun Synonyms: assess, exact, demand, charge, impose or levy a tax (on), tithe
Business / Finance / Tax Anticipation Bills (Tabs): An account at a private bank, held in the name of the district Federal Reserve Bank, which holds operating cash for the business of the U.S. Treasury. MORE
Business / Accounting / Tax: A government fee on business and individual income, activities, or products. MORE
Business / Finance / Tax Anticipation Notes (Tans): Special bills that the Treasury occasionally issues that mature on corporate quarterly income tax dates and can be used at face value by corporations to pay their tax liabilities. MORE
Business / Finance / Tax Audit: Notes issued by states or municipalities to finance current operations in anticipation of future tax receipts. MORE