Tax incentive
From ACT Wiki
1. Tax and treasury.
Tax incentives usually are tax-beneficial legal structures, designated physical locations, investments, activities, financial arrangements or instruments that are intended by the revenue authority to give exemption from - or reduce liability to - different forms of taxation.
Tax incentives are designed by the tax rule-setting authorities to encourage particular wanted activities, contrasted with unintended tax "loopholes" and over-aggressive tax planning.
This kind of tax incentives are also known informally as tax breaks.
2.
Additional tax - or less favourable tax treatment - attaching to activities, or omissions, that the tax rule-setting authority wants to discourage.
See also
- Advance tax ruling
- Business rates
- Capital Gains Tax
- Capital tax
- Carbon tax
- Charge
- Claims and elections
- Cliff edge
- Code
- Concession
- Corporation Tax
- Customs duty
- Determination
- Direct tax
- Directive
- Double tax treaties
- Double taxation
- Duty
- Ethics
- Federal Corporate Income Tax
- Foreign tax credit
- Framework
- Global minimum corporate tax rate
- Good practice
- Governance
- Guidance
- Incentive
- Income Tax
- Indirect tax
- Inheritance tax
- Internal Revenue Code (IRC)
- Jurisdiction
- Landfill Tax
- Law
- Legislation
- Levy
- Marginal rate of tax
- National Insurance
- OECD model tax convention
- Output tax
- Payroll tax
- Preferential tax regime
- Principle
- Profit after tax
- Profit before tax
- Regime
- Regulation
- Reporting
- Reputational risk
- Rules
- Sales Tax
- Standards
- Stealth tax
- Supertax
- Surcharge
- Tax
- Tax arbitrage
- Tax avoidance
- Tax base
- Tax compliance
- Tax credit
- Tax depreciation
- Tax evasion
- Tax harmonisation
- Tax haven
- Tax planning
- Tax rate
- Tax relief
- Tax risk
- Tax ruling
- Tax shelter
- Tax shield
- Tax yield
- Treasury
- Trust
- UK Bank Levy
- Value Added Tax (VAT)
- Wealth tax
- Withholding tax
