Finance and Taxes

An individual or business entity that is obligated to pay taxes to a federal, state, or local government

• a tax shelter

• a taxpayer

• a tax consultant

• a tax inspector

A provision in the laws governing taxation that allows people to reduce their taxes.

• tax loophole

• tax evader

• fiscal evasion

• tax exile

When the average tax burden increases with income. High-income families pay a disproportionate share of the tax burden, while low- and middle-income taxpayers shoulder a relatively small tax burden

• A progressive tax

• A tax burden

• Tax holidays

• Tax deductable

It generally refers to a country or jurisdiction that enables multinational corporations and individuals to escape the rule of law in the countries where they operate and live, and to pay less tax than they should in those countries.

• Tax exempt

• A tax haven

• A tax exile

• Tax audits

How somebody can hide the origin of money?

• To levy taxes

• Exempt income

• Money laundering

• To collect taxes

It is your adjusted gross income less any deductions. This includes any wages, tips, salaries, and bonuses from employers. Investment and unearned income are also included.

• Money laundering

• Tax exempt

• Taxable income

• Exempt income

If you are employed, your employer probably ________ income tax from your paycheck and remits it to the IRC(tax office) in your name.

• To apply (taxes)

• To collect (taxes)

• To levy (taxes)

• To withhold (taxes)

A tax on the profit when you sell (or 'dispose of') something (an 'asset') that's increased in value. It's the gain you make that's taxed, not the amount of money you receive.

• Inheritance tax

• A capital gains tax

• Creative accounting

• Excise duty

Name a place where you can sell your stuff and receive some money.

• Pawn shop

• Gold shop

• Fast money store

• Criminal broker

ROI is

• Rock of investment

• Reunion of investors

• Replace of investor

• Return of investment