- tax lot
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a) A grouping of security holdings in an account used for enabling the calculation and treatment of the securities for tax compliance and reporting.b) An parcel of real property on which property taxes are levied.
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tax lot
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Tax Lot Accounting — A record keeping technique that traces the dates of purchase and sale, cost basis, and transaction size for each security in your portfolio, even if you make more than one trade in the same security. The goal is to minimize the net present value… … Investment dictionary
Tax competition — exists when governments are encouraged to lower fiscal burdens to either encourage the inflow of productive resources or discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment,… … Wikipedia
tax-and-spend — ˌtax and ˈspend adjective [only before a noun] disapproving used to describe people who believe that governments should raise money through taxes and spend a lot of money, particularly on welfare (= payments to poorer people), or to describe… … Financial and business terms
tax collector — UK US noun [C] GOVERNMENT, TAX ► someone whose job is to collect taxes for the government. The term is often used to refer to the tax authorities: »The company spent a lot of energy trying to outrun the tax collector … Financial and business terms
Lot and Block survey system — The Lot and Block Survey System is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the Recorded… … Wikipedia
Tax exile — A tax exile is one who chooses to leave a country and instead to reside in a foreign nation or jurisdiction because personal taxes there are appreciably lower or even nil. Going into tax exile is a means of tax mitigation or avoidance. Legal… … Wikipedia
tax — 1 noun 1 (C, U) an amount of money that you must pay to the government according to your income, property, goods etc that is used to pay for public services: The government claimed it would lower taxes. (+ on): If you cash in the investment early … Longman dictionary of contemporary English
Lot (real estate) — Articleissues cleanup=June 2008 sections=August 2008In real estate, a lot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property… … Wikipedia
lot — lotter, n. /lot/, n., v., lotted, lotting, adv. n. 1. one of a set of objects, as straws or pebbles, drawn or thrown from a container to decide a question or choice by chance. 2. the casting or drawing of such objects as a method of deciding… … Universalium
Lot Relief Method — A method of computing the cost basis of an asset that is sold in a taxable transaction. There are five major lot relief methods that can be used for this purpose. They include FIFO (First In First Out), LIFO (Last In First Out), Dollar Value LIFO … Investment dictionary
