Tax Identification Number Tin

A Tax Identification Number (TIN) is a unique numeric identifier assigned by a government tax authority to people and entities for tax administration and…

Tax Holiday

A tax holiday is a temporary suspension or reduction of a tax to encourage a specific behavior—typically consumer spending or business investment. In the…

Tax Free

Key takeaways – “Tax free” (or “tax-exempt”) describes income, purchases, or securities that are not subject to one or more taxes (federal, state, or…

Tax Fraud

A clear, intentional act of falsifying tax information to reduce or avoid tax liability. Tax fraud occurs when an individual or business willfully submits…

Tax Expense

A tax expense is the amount of tax a person or business recognizes for a reporting period (typically a year) under accounting rules. It…

Tax Deductible Interest

Tax‑deductible interest is interest you pay on certain types of debt that the federal (and sometimes state) tax rules allow you to subtract from…

Tax Accounting

Tax accounting is the branch of accounting focused on preparing tax returns and calculating tax liabilities for individuals, businesses, and other entities under the…

Targeted Accrual Redemption Note

• A Targeted Accrual Redemption Note (TARN) is a path‑dependent structured note that pays periodic coupons until the cumulative coupon payments hit a pre‑set…

Tapering

Tapering is the deliberate slowing of a central bank’s emergency or stimulative asset‑purchase program (quantitative easing, or QE). During QE the central bank buys…

Taper Tantrum

Key takeaways – The “taper tantrum” refers to the sharp rise in U.S. Treasury yields and related market volatility that followed Federal Reserve Chair…