Intaxicated / Tax Terms / Tax Terms Minimum Tax A settled sum that a taxable person pays as tax no matter how bad things go with profits. That is, bad as e bad, tax must be paid! This may …
Intaxicated / Tax Terms Tax Terms Grossing Up Making a payment in full without any deductions or subtractions, even where these deductions/subtractions are required by law. What happens when there is a Gross Up? The answer …