Personal Tax View (Of Capital Structure): The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity.

 

Related Words

Personal Tax View (Of Capital Structure): The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income f . . . View Full Definition

Regressive Tax: A regressive or flat income tax system taxes everyone at the same rate, as sales tax does. Advocates say it’s simpler and does away with the kinds of tax breaks that tend to favor the wealth . . . View Full Definition

Recognized Capital Gains: The recognized capital gain from the sale of an asset subject to income taxes.

Recapitalization Proposal: Often used in risk arbitrage. Plan by a target company to restructure its capitalization (debt and equity) in a way to ward off a hostile or potential suitor.

Realized Capital Gain: When a property is sold, a capital gain or loss is realized.

Reciprocal Review: An appraisal method where the subordinate and the manager are evaluated by each other based on agreed-upon performance criteria.

Resorption (Of Bone): A loss of bone substances by physiologic or pathologic means is considered associated with the natural aging process, metabolic disturbances and trauma.

Room Tax: State or local tax imposed on hotel room charges.

Sales Tax: A sales tax is a tax imposed by state and local governments on transactions that occur within their jurisdictions. The taxing authority determines which transactions are subject to tax and t . . . View Full Definition

Risk-Based Capital Ratio: Bank requirement that there be a minimum ratio of estimated total capital to estimated risk-weighted asset.