Law Dictionary Definitions

tax-anticipation warrant.See WARRANT(2). [Blacks Law 8th]

tax-apportionment clause.A testamentary provision directing how inheritance and estate taxes should be paid. [Blacks Law 8th]

tax-anticipation note.See NOTE(1). [Blacks Law 8th]

tax-anticipation bill.A short-term obligation issued by the U.S. Treasury to meet the cash-flow needs of the government. • Corporations can tender these bills at par value to make quarterly tax payments. — Abbr. TAB. [Blacks Law 8th]

tax accounting.The accounting rules and methods used in determining a taxpayer’s liability. [Blacks Law 8th]

taxable year.See tax year under YEAR. [Blacks Law 8th]

tax levy.See LEVY(1). [Blacks Law 8th]

tax lease.See LEASE. [Blacks Law 8th]

tax law. 1.INTERNAL REVENUE CODE. 2.The statutory, regulatory, constitutional, and common-law rules that constitute the law applicable to taxation. 3. The area of legal study dealing with taxation. [Blacks Law 8th]

tax injunction act.A federal law prohibiting a federal court from interfering with the assessment or collection of any state tax where the state affords a plain, speedy, and efficient remedy in its own courts. 28 USCA § 1341. [Cases: Federal Courts 27.] [Blacks Law 8th]