Across
- 2. An exercise we conduct to obtain the value of your property, assets usually for purposes of calculating tax due.
- 5. An amount of money paid to persons to meet their expenses. It also refers to deductions made when computing income taxes to attain the taxable income
- 6. An insurance product offered to people. An individual is paid a fixed sum of money each year, typically for the rest of their life. It can be used as a retirement strategy to get steady streams of money.
- 7. Daily allowance, usually for travel, entertainment, employee compensation, or miscellaneous out of pocket expenses incurred while conducting a business transaction.
Down
- 1. A legal methodology used to lower the amount of tax liability.
- 3. …………… duty is a tax levied on legal instruments such as cheques, receipts, military commissions, marriage licenses, land transactions and shares.
- 4. This is the movement of goods imported from a foreign place through the territory of one or more of the Partner States, to a foreign destination.
- 6. An examination of a tax return by tax authorities at the taxpayer's place of business.