Function Risk (Insurance plans)

Function Risk (Insurance plans)

What is Target Risk (Insurance)? Target risk assets are classes of assets excluded from coverage under either insurance policies or reinsurance treaties due to the specific risk they pose. A separate insurance policy or reinsurance treaty may cover a target risk asset. Understanding Target Risk (Insurance) When an insurance company underwrites a policy, it agrees to indemnify

Tariff War Definition

Tariff War Definition

What Is a Tariff War? A tariff war is an economic battle between countries where each levies an additional tax on the other’s exports. Tariff wars generally start when leadership in one country is unhappy with a trade partner’s trading behavior or for geopolitical reasons. Key Takeaways A tariff war is an economic battle between

TARP Bonuses

TARP Bonuses

What Are TARP Bonuses? A TARP bonus refers to (in a pejorative way) the bonuses paid out to executives and traders in investment banks involved in the financial crisis of 2008. The Troubled Asset Relief Program (TARP) used tax money, which was designed to purchase troubled assets on the balance sheets of banks and financial

Tel Aviv Stock Alternate (TASE)

Tel Aviv Stock Alternate (TASE)

What Is the Tel Aviv Stock Exchange (TASE)? The Tel Aviv Stock Exchange (TASE) is a securities market located in Tel Aviv, Israel. The TASE trades in stocks, convertible securities, corporate and government bonds, short-term certificates, and a variety of derivatives. It plays a primary role in the growth and development of Israel’s economy. Key Takeaways

Tax Avoidance Is a Prison Solution to Restrict Taxes; Tax Evasion Is Now not

Tax Avoidance Is a Prison Solution to Restrict Taxes; Tax Evasion Is Now not

What Is Tax Avoidance? The term tax avoidance refers to the use of legal methods to minimize the amount of income tax owed by an individual or a business. This is generally accomplished by claiming as many deductions and credits as are allowable. It may also be achieved by prioritizing investments that have tax advantages

What Does It Suggest To Be Tax Exempt or Have Tax-Exempt Income?

What Does It Suggest To Be Tax Exempt or Have Tax-Exempt Income?

Defining Tax Exempt Tax-exempt refers to income or transactions that are free from tax at the federal, state, or local level. The reporting of tax-free items may be on a taxpayer’s individual or business tax return and shown for informational purposes only. The tax-exempt article is not part of any tax calculations. Tax-exempt may also refer

Tax Fairness Definition

Tax Fairness Definition

What Is Tax Fairness? Tax fairness is a concept which stipulates that a government’s tax system should be equitable to all citizens. Opinions differ, however, in just how to reach tax fairness. The solutions are varied, but most fall under three broad systems of taxation. They include regressive taxation, progressive taxation, and blended taxation. Key