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This word has the same meaning in the modern Spanish judicial system. [6] fiscal [2] prosecutor Spanish A prosecutor, either at the city or provincial level, or nationwide Department of Justice level. Cf. procurator fiscal. G.R. N/A: English Abbreviation for General Register. See Case citation § Philippines. IBP N/A: English
A stepped-up basis can be higher than the before-death cost basis, which is the benefactor's purchase price for the asset, adjusted for improvements or losses. Because taxable capital-gain income is the selling price minus the basis, a high stepped-up basis can greatly reduce the beneficiary's taxable capital-gain income if the beneficiary ...
If it were nominative, "an equal step" it would be par passus. passu is the ablative of the Latin noun passus, "step". This term is commonly used in law. Black's Law Dictionary (8th ed., 2004) defines pari passu as "proportionally; at an equal pace; without preference".
Lump sum vs. annuity: 6 factors to consider when making your decision. Everyone’s financial situation is different, so it’s important to consider a few key factors — such as tax implications ...
In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...
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A lump-sum tax is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc.It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax.
A Contractor under a lump sum agreement will be responsible for the proper job execution and will provide its own means and methods to complete the work. [6] With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender ...