Tax

Tag: CA

  • Capital Structure

    Capital Structure means:a business entity (like a corporation or company)'s financial framework, including long-term debt, preferred stock, and net worth. Capital structure is distinguished from financial structure, which includes additional sources of capital, such as short-term debt, accounts …

  • Cadastre

    Cadastre means:a list of appraised property values in a jurisdiction, used to determine the tax assessment on each parcel….

  • Calendar Tax Year

    Calendar Tax Year means:a period of time, beginning on January 1 and ending on December 31, used by a taxpayer for determining tax liability. Former IRC (check if this IRC provision is current here) § 3303(c)(5). See also other Tax …

  • Carried Interest

    Carried Interest means:a sharing arrangement in which the owner of a working interest in an oil or gas venture (the carried party) assigns all or part of the interest to a second party (the carrying party). The second party (i.e., the driller) receives all production revenues until a specified a…

  • Cafeteria Benefit Plan

    Cafeteria Benefit Plan means:an arrangement under which each employee of a company may choose his or her own benefit structure within a designated premium limitation. For example, one employee may select a more comprehensive health insurance plan for the allocation of premiums, while another emp…

  • Capital Gain Dividend

    Capital Gain Dividend means:any distribution that is designated as such by a regulated investment company in a written notice mailed to its shareholders not later than 60 days after the close of its taxable year. A capital gain dividend is treated as a capital gain by the shareholders. Former IR…

  • Cash Expenditures Method

    Cash Expenditures Method means:an indirect approach used by the U.S. Internal Revenue Service to reconstruct income when the agency suspects underreporting or unreported income. The U.S. Internal Revenue Service (IRS) determines cash e…

  • Carrier

    Carrier means:an express carrier, sleeping car carrier, or rail carrier providing transportation; a carrier is subject to the unemployment insurance tax. Former IRC (check if this IRC provision is current here) §3231(g)….

  • Capital Contribution

    Capital Contribution means:the cash or property acquired by a corporation from a shareholder without the receipt of additional stock to the shareholder. Instead, the amount is added to the basis of the shareholder's existing stock, and the corporation's basis is carried over from the shareholder…

  • Capital Stock

    Capital Stock means:the amount of money or property contributed by stockholders to be used as the financial foundation for a corporation. Capital stock includes all classes of common and preferred stock. Former IRC (check if this IRC pro…