Economics Terms Lexicon - Authoritative Dictionary and Knowledge Tests

About Economics Terms Lexicon

Welcome to EconomicsTermsLexicon.com! Our site offers a comprehensive and authoritative dictionary of economic terms, providing detailed definitions and explanations. Each dictionary entry references books, official publications, and government websites to ensure accuracy and reliability.

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📚 Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Definitions
Tax Allowance
Taxation Economics Public Policy
An explanation of tax allowance, its importance, and implications in economic theory and practice.
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Definitions
Tax Assessment
Taxation Tax Assessment Self-Assessment Income Tax
The determination of the amount of tax any individual or company is liable to pay.
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Definitions
Tax Avoidance
Tax Avoidance Economics Taxation
Arranging one’s affairs to reduce the amount of tax that has to be paid. Provides a contrast between legal tax avoidance and illegal tax evasion, and discusses related concepts such as the General Anti-Avoidance Rule.
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Definitions
Tax Base
Taxation Public Finance Economics
The set of incomes and transactions on which direct and indirect taxes are levied.
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Definitions
Tax Burden
Taxation Public Finance Economic Policy
The economics term 'tax burden' refers to the total cost plus additional expenses imposed on the economy due to the imposition of taxes.
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Definitions
Tax Credit - Definition and Meaning
Tax Credit Government Policy Fiscal Policy
An overview and in-depth analysis of tax credits, their criteria, and impacts within various economic frameworks.
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Definitions
Tax Evasion
Tax Evasion Economics Taxation Illegal Activity
A comprehensive entry on the concept of tax evasion in economics.
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Definitions
Tax Exempt Special Savings Account (TESSA)
Savings UK Tax-Exempt Finance
Explanation of the now-closed Tax Exempt Special Savings Account (TESSA) in the UK.
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Definitions
Tax Expenditure
Tax Expenditure Taxes Government Policy Economic Behavior
A means by which the government can encourage particular activities without formally making expenditures.
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Definitions
Tax Gap
Taxation Public Finance Economic Policy
An analysis of the tax gap, its definitions and implications.
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Definitions
Tax Haven
Taxation Economics Finance Tax Haven Money Laundering Tax Evasion
A country providing foreign residents opportunities for legal and illegal tax reduction strategies.
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Definitions
Tax Holiday
Taxation Investment Incentives Government Policy
A limited period of tax-free operation, or of specially reduced taxation, used to stimulate investment.
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.