INCOME TAX Definition

Bookmark and Share

INCOME TAX is a tax paid on money made or profit realized from employment, business, or capital.

Learn new Accounting Terms

GNP see GROSS NATIONAL PRODUCT.

AGENCY is the relationship between a principal and an agent wherein the agent is authorized to represent the principal in certain transactions.

Suggest a Term

Enter Search Term

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