Tag Archives: CE

Certified Public Accountant

Certified Public Accountant

Certified Public Accountant means:
an accountant who has passed certain examinations, achieved a certain amount of experience, reached a certain age, and met all other statutory and licensing requirements of the U.S. state wherein he or she works. In addition to accounting and auditing, CPAs prepare tax returns for businesses, estates, trusts, and individuals.

Description and Definition of Certified Public Accountant (CPA)

An accountant who has met state educational, work experience, and other requirements, and passed a national exam.

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Central Assessment District

Central Assessment District

About Central Assessment District:

for property taxes, an office that provides a single tax assessment value and one collection office for multiple tax jurisdictions. Generally at the county level, a central assessment district avoids the need for city, county, state, and school districts to have separate assessors and billing and collection mechanisms.

See Property Tax in the American Legal Encyclopedia and Property Tax in the World Legal Encyclopedia.

Certificate of Accrual on Treasury Securities

Certificate of Accrual on Treasury Securities

About Certificate of Accrual on Treasury Securities:

Certificate of Accrual on Treasury Securities (CATS) are U.S. Treasury issues, sold at a deep discount from face value. A zero-coupon security, CATS pay no interest during their lifetime but return the full face value at maturity. Interest is taxable income when it accrues, even for cash basis owners.

Certificate of Incorporation

Certificate of Incorporation

Certificate of Incorporation means:
a document similar to articles of incorporation. In some states the certificate is issued by a state agency after the articles of incorporation have been properly filed. The corporation's existence begins upon the issuance of the certificate of incorporation.

Cert. Den.

Cert. Den.

Cert. Den. means:
certiorari denied. Denial of an appeal from a U.S. Court of Appeals to the U.S. Supreme Court. The Supreme Court is not compelled to hear an appeal from a lower court and may choose not to do so.

Centralized Management

Centralized Management

Centralized Management means:
a characteristic indicating that an organization may be taxed as a corporation. Day-to-day business operations are handled by appointed officers rather than the shareholders. Former Tax Regulation (check if this Reg. is current here) §301.7701-(2)(c).

U.S. and other Developed Countries International Tax Meaning

CENTRAL MANAGEMENT AND CONTROL – Where the central management and control is located is a test for establishing the place of residence of a company. Broadly speaking, it refers to the highest level of control of the business of a company.