BED and BREAKFAST Definition

Bookmark and Share

BED and BREAKFAST was an overnight UK tax related maneuver intended to establish a tax loss benefit. Now no longer allowed.

Learn new Accounting Terms

GI, among others, is an acronym for: Government Issue, General Increase, General Information, or General Issue.

DIVIDEND RECEIVED DEDUCTION is the reduction of dividend income from the taxable income of the investing corporation, as provided in section 301 of the Internal Revenue Code. Currently, 70% of dividends received from nonaffiliated corporations may be excluded from taxable income.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.