declaration of estimated taxes
declaration of estimated taxes 〈美〉估缴税额申报表 国内税务署要求特定个人或商业实体提供的近期估计应缴税款额的报表，并以分期支付的形式缴纳此纳税额。这一要求可确保对以预扣工薪税形式无法对其收入充分征税的纳税人充分征税。
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Search Results for: estimated tax
declaration of estimated tax
declaration of estimated tax. A required IRS filing by certain individuals and businesses of current estimated tax owed, accompanied by periodic payments of that amount. • The requirement ensures current collection of taxes from taxpayers (such as self-employed persons) whose incomes are not fully taxed by payroll withholding. IRC (26 USCA) §§ 6315, 6654. [Cases:
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estimated tax
A tax paid quarterly by a taxpayer not subject to withholding (such as a self-employed person) based on either the previous year’s tax liability or an estimate of the current year’s tax liability. [Cases: Internal Revenue 4827, 4832, 5219.40; Taxation 1096. C.J.S. Internal Revenue §§ 725–726, 733, 821; Taxation §§ 1777–1778.]
refund
refund, n. 1. The return of money to a person who overpaid, such as a taxpayer who overestimated tax liability or whose employer withheld too much tax from earnings. [Cases: Internal Revenue 4950; Taxation 535, 1097. C.J.S. Internal Revenue § 780; Social Security and Public Welfare § 207; Taxation §§ 910–914, 919, 1679, 1690, 1764.]
ratable
ratable (ray-t[schwa]-b[schwa]l), adj. 1. Proportionate (ratable distribution). 2. Capable of being estimated, appraised, or apportioned ( because hundreds of angry fans ran onto the field at the same time, blame for the goalpost’s destruction is not ratable). 3. Taxable (the government assessed the widow’s ratable estate). See PRO RATA.
full cash value
Market value for property tax purposes; estimated value derived by standard appraisal methods. — Also termed cash value. [Cases: Taxation 348(3).]
valuation
valuation, n. 1. The process of determining the value of a thing or entity. 2. The estimated worth of a thing or entity. — value, valuate, vb. assessed valuation. The value that a taxing authority gives to property and to which the tax rate is applied. [Cases: Taxation 348, 348. 1. C.J.S. Taxation §§ 510–511,
hide
hide, n. Hist. 1. In England, a measure of land consisting in as much as could be worked with one plow, variously estimated as 30 to 120 acres but probably determined by local usage. • A hide was anciently employed as a unit of taxation. Cf. CARUCATE. 2. As much land as would support one
units of production method
units-of-production method. Tax. An accounting method in which the depreciation provision is computed at a fixed rate per product unit, based on an estimate of the total number of units that the property will produce during its service life. • This method is used in the oil-and-gas industry when the total number of units of
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