Taxable transaction


 

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Taxable transaction

Any transaction that is not tax-free to the parties involved, such as a taxable acquisition.



Taxable transaction

Similar Matches

Transaction Insured Trade Acceptance Locator (TITAL)

Transaction Insured Trade Acceptance Locator (TITAL)

A trade acceptance through an insurance entity (rather than a bank) which is conditional upon exporter performance.


Intermediate transaction

Intermediate transaction

The sale of a product by one firm to another, presumably to be used as an intermediate input.


Closing transaction

Closing transaction

Applies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction.


Transaction value

Transaction value

The actual price of a product, paid or payable, used for customs valuation purposes.


Autonomous transaction

Autonomous transaction

In the balance of payments, a transaction that is not itself a result of actions taken officially to manage international payments; in contrast with accomodating transaction.


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