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Double taxation
Double taxation One of the main disadvantages of corporate ownership of income property is that the profits are subject to double taxation.
RELATED TERMS--------------------------------------
Ownership
The right to possess and use property to the exclusion of others.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Taxation
1) The process by which a government or municipal quasi-public body raises monies to fund its operation. 2) The impact an investment has on the investor's liability for the payment of federal, state, and local taxes.
SIMILAR TERMS--------------------------------------
Double-hung window
A window that consists of two sashes that slide up and down.
PREVIOUS AND NEXT TERMS--------------------------------------
Dollar stop
An agreed dollar amount of taxes and operating expense each tenant will pay on a prorated basis
Domed ceiling
A hemispherical ceiling that projects upward without support.
Domicile
From domus, Latin for "house." The state where an individual has his or her true, fixed permanent home and principal business establishment and where that person has the intention of returning whenever he or she is absent from it.
Dominant tenement
The estate that is said to attach to and derive benefit from the servient estate in reference to an easement appurtenant.
Dormer
A window set upright in a sloping roof.
Double taxation
Double-hung window
A window that consists of two sashes that slide up and down.
Dovetail joints
Joints that lock two pieces of wood together with meshed teeth.
Dower
The rights of a widow to a portion of her deceased husband's property.
Down drain
A drain pipe or similar conduit to allow water to flow from the rain gutter at the edge of the roof to the ground.
Down payment
The portion of a home's purchase price that is paid in cash and is not part of the mortgage loan.
This dictionary contains 6433 terms. |
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