Tax

Tag: TE

  • Tentative Minimum Tax

    Tentative Minimum Tax means:the alternative minimum taxable income minus exemption times the alternative minimum tax rate (26/28% for individuals and 20% for corporations), then further reduced by the alternative minimum tax foreign tax credit. The excess of the tentative minimum tax over the re…

  • Tentative Estate Tax

    Tentative Estate Tax means:the result of applying the unified tax rate table to the amount of the tentative tax base in the process of calculating the federal estate tax. See Tax Rate and Tax Rate….

  • Tentative Tax Base

    Tentative Tax Base means:the result of adding adjusted taxable gifts to the taxable estate in the process of calculating the federal estate tax….

  • Terminable Interest

    Terminable Interest means (see more about entries related to interest in the U.S. here) interest that will fail with the passage of time or with the occurrence of an event or contingency. Terminable interest is normally ineligible for the estate tax marital…

  • Temporary Regulation

    About Temporary Regulation: It is a regulation issued by the U.S. Treasury Department when speed is critical that has the same authoritative value as a final regulation for 3 years. Temporary regulations automatically expire after 3 years from the date of issuance. See also proposed regulations. Lea…