tax law
- noun
- /tæks lɔ/
- Specialized
- Carroll struggled to amend U.S. tax laws in order to make them more amenable to Latin American interests.
- federal tax law
- income tax law
- changes to tax laws
This is a long term passive income strategy using the tax laws to pay very little or no tax.
- This is a long term passive income strategy using the tax laws to pay very little or no tax.
- I would say that they need to be specialized enough in the sense that they truly understand investment real estate and the tax laws surrounding it.
- A private citizen may legally have access to a taxpayer's tax return, and that information is no longer protected under federal tax laws.
- On Monday, I was able to use the tax laws of this country and my business acumen to dig out of the real estate mess.
- Those depreciation tax laws are in place somewhere, everywhere.
- So whatever it is, the tax laws are there.
- He understands tax like nobody and the tax laws are really set up for people to use.
- The income tax law imposes a tax only on the future penny earned, not on the current penny saved.
Examples
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Changes in the federal tax laws are usually greeted with trepidation rather than anticipation.
Academic text (2001) -
At least in the realm of tax law, 2001 may be ending on a better note than it began.
Academic text (2001) -
So whatever it is, the tax laws are there.
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No matter what happens to the new tax law, the crisis is over.
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Clearly, there are plenty of federal tax law issues that need to be addressed.
Academic text (2003) -
Compliance with all the tax laws would result in an effective average tax rate of about 50 percent.
Academic text (2000) -
Only the U.S. Congress can actually enact the tax laws themselves.
Academic text (2000) -
The pre-peace boom may have had a lot to do with changes in investment and tax laws.
Academic text (1999) -
You can't make a constitutional challenge to the tax laws, can you?
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The new tax law was designed to simplify the filing process for all citizens.
Synonyms
Rules a government uses to set and collect taxes from people and businesses
How Complex
- Specialized
Surface Forms
Morphology
The meaning is a straightforward composition of 'tax' (a government charge) + 'law' (a statute), so a learner who knows both words can readily infer it refers to laws governing taxes. This noun+noun compound is a common, cross-linguistically transparent pattern and thus should be immediately comprehensible to a B1 learner.
Etymology
The noun tax law comes from a simple image: tax is the money people must pay to the government and law means the 'rules' that say what to do. So tax law is the set of rules about how taxes are figured out and collected.