Terms with Tag Taxes
- Edmonton Property Tax Committee (EPTC) — Acronym, Edmonton, Alberta, Canada,
- Education Property Tax Credit (EPTC) — Acronym, Manitoba, Canada, ➥ Property tax credit offer to residents in Manitoba.
- Effective Average Tax Rate (EATR) — Acronym,
- Electronic Filing (NETFILE, EF) — Acronym, Very Important,
- Taxpayers can now file their tax information with personal computers and tax preparation software. The information goes directly to Revenue Canada and they can directly deposit refunds into the taxpayer's bank account.
- Electronic Filing System (EFS) — Acronym,
- Enterprise Investment Scheme (EIS) — Acronym,
- Escrow — Definition,
- An account in which money for property taxes and insurance is held until paid. Money is added to the account every time a mortgage payment is made.
- Escrow Account (EA) — Acronym,
- An account in which money for property taxes and insurance is held until paid; money is added to the account every time a mortgage payment is made.
- Estate Planning — Definition,
- The process of determining how assets will be dispersed after an individual's death, ideally in the most tax-efficient way possible.
- Exchange — Definition,
- A trade of property for other property or services. Like-kind property exchanges are a popular tax-deferral strategy.
- Exempt Capital Gains Balance (ECGB) — Acronym,
- Exempt-Exempt-Taxed (EET) — Acronym,
- Exempt-Taxed-Exempt (ETE) — Acronym,
- Expense — Definition,
- Costs incurred through a business's operations.
- Expensing — Definition,
- Government tax law allows individuals to expense certain business activities.
- Federal Income Tax Act (FITA) — Acronym, Canada,
- Filing Extension — Definition,
- An additional amount of time to file your return. A filing extension, however, does not give you more time to pay your taxes.
- First Nations Goods and Services Tax (FNGST) — Acronym, Canada,
- First Nations Tax Commission (FNTC) — Company, Kamloops, British Columbia, Canada, ➥ Assists First Nation governments in developing and maintaining fair and efficient property tax regimes.
- Fiscal Policy — Definition,
- The use of government spending and taxation policies to influence the economy.
- Fiscal Surplus — Definition,
- When the government receives more in revenue than it spends over the course of the year.
- Foreign Accrual Property Income (FAPI) — Acronym, Canada,
- Foreign Tax Credit (FTC) — Acronym, Canada,
- This tax credit is for foreign income or profits taxes you paid on income you received from outside Canada and reported on your Canadian tax return.
➥ Form T2209 - Federal Foreign Tax Credits. - Garnishment — Definition,
- An amount withheld from your pay and remitted to another party, such as a creditor. You must include in your taxable income any amount that was garnished from your pay, because the full amount of your pay is considered to have been received by you even though some was withheld to pay your debts.
- Gas Tax Fund (GTF) — Acronym, Canada,
- General Anti-Avoidance Rule (GAAR) — Acronym, Canada, ➥ Section 245 of the Canadian Income Tax Act. (IC88-2)
- General Services Support Estimate (GSSE) — Acronym,
- Goods and Services Tax (GS, GST) — Acronym, Canada,
- A sales tax that applies in all Canadian provinces charged at 5% (as of 2012).
➥ Bank account transaction code. - Government of Canada (GOC) — Company, Canada, Important,
- Gross Income — Definition,
- Normal annual income including overtime that is regular or guaranteed. The income may be from more than one source. Salary is generally the principal source, but other income may qualify if it is significant and stable.
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Edmonton Property Tax Commi... -
Exempt Capital Gains Balance
Exempt Capital Gains Balance