Tax loophole
tax loophole definition
A provision in the laws governing taxation that allows people to reduce their taxes. The term has the connotation of an unintentional omission or obscurity in the law that allows the reduction of tax liability to a point below that intended by the framers of the law.
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- Taxman
noun (pl) -men 1. a collector of taxes 2. (informal) a tax-collecting body personified: he was convicted of conspiring to cheat the taxman of five million pounds
- Taxo-
1. a combining form representing taxis1, in compound words: taxonomy.
- Taxol
Trademark. 1. a chemical substance derived from a yew tree of the Pacific Coast: used experimentally as a drug in the treatment of cancer. Taxol Tax·ol (tāk’sôl’) Trademark for drug developed from the toxin of specific types of yew trees and bushes and used to kill dividing cells, especially tumor cells.
- Taxon
noun, plural taxa [tak-suh] /ˈtæk sə/ (Show IPA) 1. a taxonomic category, as a species or genus. noun (pl) taxa (ˈtæksə) 1. (biology) any taxonomic group or rank taxon tax·on (tāk’sŏn’) n. pl. tax·a (tāk’sə) A taxonomic category or group, such as a phylum, order, family, genus, or species. taxon (tāk’sŏn’) Plural taxa A taxonomic […]
- Taxonomic
noun, plural taxonomies. 1. the science or technique of classification. 2. a classification into ordered categories: a proposed taxonomy of educational objectives. 3. Biology. the science dealing with the description, identification, naming, and classification of organisms. noun 1. the branch of biology concerned with the classification of organisms into groups based on similarities of structure, […]