Tax Anticipation Bell

Tax Anticipation Bell

Tax Anticipation Bell means:
a short-term obligation (TAB) issued by the U.S. Treasury in competitive bidding at maturities ranging from 23 to 273 days. TABs typically come due within 5-7 days after the quarterly due dates for corporate tax payments, but corporations can tender them at par value on those tax deadlines in payment of taxes without forfeiting interest income.

See Corporate Tax in the U.S. Legal Encyclopedia and Corporate Tax in the International Legal Encyclopedia.


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