Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does exercise tax mean?

SEARCHING
Suggestion/Report Error
exercise tax
Noun

A special tax levied on a specific type of asset, e.g., a nondeductible 4% federal exercise tax is levied on a regulated investment company (RIC) if it fails to distribute by the end of any calendar year (not its taxable year) a specified minimum amount of its ordinary income.

top
© 2015-2020 Pecunica LLC.  All rights reserved.
;