Asymmetric Taxes

Business / Finance / Asymmetric Taxes: When participants in a transaction have different net tax rates.
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Inheritance Taxes

Business / Real Estate / Inheritance Taxes: An estate tax imposed by the state on heirs for their right to inherit property. The tax is not levied on the property itself, but rather on the heirs for their right to acquire the property by succes MORE

Local Taxes

Business / Finance / Local Taxes: Property, sewer, school, or other community paid to a locality. Local taxes are usually deductible for federal income tax purposes. MORE

Income Taxes Payable

Business / Accounting / Income Taxes Payable: The amount expected to be paid to the federal and state governments based on the income before taxes reported on t he income statement. MORE

Government Recording Fees And Taxes

Business / Loan / Government Recording Fees And Taxes: Fees and taxes required to be paid to the local government where your mortgage documents are filed. MORE

Earnings Before Taxes (EBT)

Business / Finance / Earnings Before Taxes (EBT): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest an MORE

Estate Taxes

Business / Real Estate / Estate Taxes: Federal estate taxes and state inheritance taxes (as well as the debts of decedents) are general, statutory, involuntary liens that encumber a deceased persons real and personal property. These are no MORE