Related topics:Tax,Businessre‧bate/ˈriːbeɪt/noun[countable]anamountof money that ispaidback to you when you have paid too muchtax,rentetcYou may be entitled to a tax rebate. Examples from the Corpus rebate•But theeventclerkdeniedarebatehad beenpromised.•Chrysler said itsoldlot...
A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid. Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, pl...
On the other side of the ledger is a hefty $129M tax rebate for the entirety of the show. Tom Tapp, Deadline, 25 Dec. 2024 Pharmaceutical companies such as Eli Lilly, Novo Nordisk, and Sanofi have denied the allegations, with representatives stating that the school districts and health pl...
The meaning of REBATE is to reduce the force or activity of : diminish. How to use rebate in a sentence.
A well-known rebate occurred in 2007 when President George Bush issued tax rebate checks to many people in America, giving back some of what each person paid in taxes.Rebatecomes from the Old French wordrabattre, meaning "beat down, drive back."Rebatecan also be used as a verb that refer...
In Georgia, GOP lawmakers sought to revoke a fuel-tax rebate for Delta and to launch a boycott of Coca-Cola after the two Atlanta-based companies spoke out against the law there. FromWashington Post In fact, according to CTJ, they generated so many tax breaks that they reported negative t...
When the rebate is a borrower credit, it can be used to defray some loan settlement orclosing costs. This borrower-use of negative points is known as ano-cost mortgage. The amount credited to the borrower may not exceed the settlement costs and cannot be a part of the down payment. Negat...
The term "seller-paid points" refers to a concession orrebateoffered by a seller to the buyer in a transaction. The points can lower the total interest paid by the buyer over the life of the loan. Seller-paid points are commonly found in real estate transactions and normally consist of a...
Revenue refers to income from operations and non-operating income, i.e., interest received, tax rebate, royalty, rent received, etc. The left side of accounting books records a decline in these revenue items. For example, in sales return, the sales account is treated as a debited item. ...
•Being amemberentitlesyou todiscountsontickets.be entitled to (do) something•InsuranceAll membersare entitled to£500freeinsurance cover on theirinstrumentsandequipmentagainstdamageandloss.•Buyersof theFordBroncoutilityvehiclewillbe entitled toa $ 2,000rebate.•Weare entitled toask who will ...