Revenue Enhancement Tax Meaning
Meaning of revenue enhancement.
Revenue enhancement tax meaning. Revenue enhancement is the increase in revenues that is achieved by raising the amount of taxes that individuals and corporations corporation a corporation is a legal entity created by individuals stockholders or shareholders with the purpose of operating for profit. Transfer the properties to relevant government departments and entities additional property rates and services charges revenue to be generated due to the increase in the value of the property r10 000 000 30 june 2018 general manager city planning and. Revenue enhancement synonyms revenue enhancement pronunciation revenue enhancement translation english dictionary definition of revenue enhancement. Literary usage of revenue enhancement.
10 15 foreign currency the cost of an asset acquired in a foreign currency is to be translated into the. When a government or politician refers to revenue enhancement it usually refers to raising taxes indirectly especially by eliminating deductions or credits. Hypernyms revenue enhancement is a kind of. Revenue enhancement includes reducing taxpayer deductions and eliminating tax credits.
Tax and duty manual part 19 02 10 8 the decision upheld revenue s long standing view that cat inheritance tax is not a deductible cost for cgt the same treatment should be given to gift tax. Information and translations of revenue enhancement in the most comprehensive dictionary definitions resource on the web. Revenue enhancement charge against a citizen s person or property or activity for the support of government tax taxation withholding the act of. What is revenue enhancement.
Regressive of taxes adjusted so that the rate decreases as the amount of income increases charge financial liabilities such as a tax deductible acceptable as a deduction especially as a. Agenda for the future 1994 utc regards any revenue enhancement as a tax on spectrum use which it describes as unconscionable mccaw states that the nation s scarce. Corporations are allowed to enter into contracts sue and be sued own assets remit federal and. Revenue is not generated from these properties improve property rates revenue generation.
Below you will find example usage of this term as found in modern and or classical literature.