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Related Definitions
Unified tax credit Unified tax credit is a tax credit that can be used to reduce the amount of the federal estate or gift tax.
Foreign Tax Credit Foreign tax credit refers to the amount by which a domestic firm may reduce (credit) domestic income taxes for income tax payments to a foreign government.
Tax Credit A tax credit is a direct reduction of taxes that would otherwise be due and payable.
Welfare-to-Work Tax Credit Welfare-to-Work Tax Credit is the Welfare-to-Work Tax Credit is a federal income tax credit that encourages employers to hire long-term family assistance recipients
Work Opportunity Tax Credit Work Opportunity Tax Credit is the Work Opportunity Tax Credit (WOTC), authorized by the Small Business Job Protection Act of 1996 (P.L. 104-188), is a federal
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