tax rebate


tax rebate
A repayment of tax paid. A repayment claim must be made and approved by an Inspector of Taxes and the refund due to the taxpayer will be made by the Collector of Taxes following the Inspector's instructions.

Accounting dictionary. 2014.

Look at other dictionaries:

  • tax rebate — UK US noun [C] TAX, FINANCE ► an amount of money that is paid back to you if you have paid too much tax: »More than 2 million taxpayers will receive checks totaling $1 billion because of the federal tax rebate program. ► a reduction in the amount …   Financial and business terms

  • tax rebate — /ˈtæks ribeɪt/ (say taks reebayt) noun an amount subtracted from gross tax payable. Compare tax deduction …   Australian English dictionary

  • tax rebate — A repayment of tax paid. A repayment claim must be made and approved by an Inspector of Taxes and the refund due to the taxpayer will be made by the Collector of Taxes following the Inspector s instructions …   Big dictionary of business and management

  • Kicker (Oregon tax rebate) — The Oregon tax rebate, commonly referred to as the kicker, is a rebate given to both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the …   Wikipedia

  • Rebate — Rebate* Rebate (marketing), a type of sales promotion used in marketing * Rabbet (also spelled rebate ), a woodworking term * Tax rebate, a reduction in taxation demanded * UK rebate, a return of money paid by the United Kingdom for the European… …   Wikipedia

  • Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… …   Wikipedia

  • rebate — Negotiated return of a portion of the interest earned by the lender of stock to a short seller. When a stock is sold short, the seller borrows stock from an owner or custodian and delivers it to the buyer. The proceeds are delivered to the lender …   Financial and business terms

  • rebate — noun ADJECTIVE ▪ big, generous, substantial ▪ full, maximum ▪ cash (esp. AmE) ▪ The maximum cash rebate available is about $4 800 …   Collocations dictionary

  • rebate — Discount; deduction or refund of money in consideration of prompt payment. A deduction from a stipulated premium on a policy of insurance, in pursuance of an antecedent contract. A deduction or drawback from a stipulated payment, charge, or rate… …   Black's law dictionary

  • rebate — re|bate [ˈri:beıt] n [Date: 1600 1700; Origin: rebate to make a rebate (15 21 centuries), from Old French rabattre to beat down again ] an amount of money that is paid back to you when you have paid too much tax, rent etc ▪ You may be entitled to …   Dictionary of contemporary English