Business Definition Revenue Neutral

Pitman this is an advance summary of a forthcoming entry in the encyclopedia of law.

Business definition revenue neutral. Revenue neutral definition of revenue neutral. Revenue neutral tax reform implies that government revenue should not be decreased. Or business expenses paid or incurred during the course of a taxable year. 1919 to 1930 for the use of professional and business men accountants etc.

Revenue is also known as sales as in the price to sales ratio an alternative to the price to earnings ratio that uses revenue. Dictionary of business terms for. Rules regarding the practical application of irc 162 have evolved largely from case law and administrative guidance. Revenue neutral law and legal definition the term revenue neutral implies changes in the tax laws that result in no change in the amount of revenue coming into the government s coffers.

London new york sir i. Revenue neutral revenue neutral changes in the tax laws that result in no change in the amount of revenue coming into the government s coffers. In other words a tax proposal is revenue neutral if it neither increases nor decreases tax revenues when compared to existing law. 3 the gross income from a business enterprise investment property etc.

Meaning of revenue neutral. Revenue neutral adjective of a change in taxation policy that does not alter overall tax revenue usually because it is offset by corresponding cuts or increases. Revenue is money brought into a company by its business activities. What does revenue neutral mean.

A neutral tax is one that does not create incentives for firms or individuals to change their behavior to invest more or less to work more or less to locate in one place rather than another to employ more or less labor or more or less capital.