tax base

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Related to Tax Bases: tax avoidance, Tax burden
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Noun1.tax base - collective value of taxable assets
assets - anything of material value or usefulness that is owned by a person or company
References in periodicals archive ?
Below is a summary of the significant changes to the states' tax bases.
Numerous cases and rulings addressed the state tax base and nexus issues in New York and in many other states.
Given the policy and fiscal implications for Member States with respect to potential modifications to Member States' tax bases, creating a series of "Tax Recommendations" is likely the only viable approach to introducing common rules.
The submission is the outgrowth of the European Chapter's participation in a workshop held by the Commission on March 18 on the use of IAS in developing a consolidated tax base for EU-wide activities.
No one, Justice Breyer said, claimed the different tax rates for foreign and domestic corporations offset these significant differences in their tax bases.
Alabama law grants a resident company considerable leeway in controlling both its tax base and its tax liability.
FundTax's automated portfolio management system provides web-based analysis of wash sales, including identification; matching to repurchased securities; disallowing losses; recalculating the tax bases of remaining positions; and adjusting holding period of the repurchased security.
The Project's proposals will incorporate uniform definitions within tax bases, simplified audit and administrative procedures and emerging technologies to substantially reduce tax collection burdens.
A state -- and local governments within the state -- should adopt common tax bases and accept responsibility for providing notice of rate and boundary changes.
Other transactions among shareholders may change the tax bases of the assets and liabilities of the company.
Even if the value of the P assets transferred to C exceeded the P liabilities assumed by C, P "equity" was transferred to C and C owed additional amounts to P, such excess value, equity or amounts would not increase the tax bases of C's shareholders.
For example, a multistate entity classified as a corporation in some jurisdictions and a division in others will have different apportionment data applied to different tax bases.