What PERSONAL PROPERTY TAX means: An annual tax imposed on certain personal property, such as cars or boats, and based on the value of the property.
- Definition Personal And Dependent Exemptions:
- Dictionary an exemption for each taxpayer and spouse (if a joint return is filed) who is not eligible to be claimed as a dependent on another taxpayer's return and for each dependent. The exemption amount personal property tax definition.
- Definition Patent:
- Dictionary of an inventor to make, use, or sell his invention for a period of years. A patent is an intangible asset that may be depreciated over its remaining life. The sale of a patent usually results in personal property tax explain.
- Definition Prepaid Interest:
- Dictionary advance is deductible only as it accrues. The one exception to this rule is for certain points paid by a cash-basis taxpayer to obtain financing for a loan used to purchase, reconstruct, or improve personal property tax what is.
- Definition Proprietorship:
- Dictionary An unincorporated business owned by one person. The business owner may have employees working for him or her personal property tax meaning.
How works Personal Property Tax meaning in Tax definitions P .
