What does double taxation mean?

Definitions for double taxation
dou·ble tax·a·tion

Here are all the possible meanings and translations of the word double taxation.

Freebase

  1. Double taxation

    Double taxation is the levying of tax by two or more jurisdictions on the same declared income, asset, or financial transaction. This double liability is often mitigated by tax treaties between countries. The term 'double taxation' is additionally used, particularly in the USA, to refer to the fact that corporate profits are taxed and the shareholders of the corporation are subject to personal taxation when they receive dividends or distributions of those profits.

How to pronounce double taxation?

How to say double taxation in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of double taxation in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of double taxation in Pythagorean Numerology is: 1

Examples of double taxation in a Sentence

  1. Competition Commissioner Margrethe Vestager:

    The Commission has the duty to ensure that these rules are applied in a non-discriminatory manner by excluding preferential treatment in any form that constitutes incompatible state aid, this does not put into question the U.S. taxation system or go against double taxation treaties concluded by EU member states.

  2. The Luxembourg finance ministry:

    Luxembourg, spontaneously and upon request, exchanges information on rulings with other countries, as foreseen by non-double taxation treaties, these developments are in line with Luxembourg's commitment to the initiative of the EU Commission to quickly present a draft directive aimed at introducing a mandatory automatic exchange of information on tax rulings.

Images & Illustrations of double taxation

  1. double taxationdouble taxationdouble taxationdouble taxationdouble taxation

Translation

Find a translation for the double taxation definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these double taxation definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "double taxation." Definitions.net. STANDS4 LLC, 2021. Web. 23 Oct. 2021. <https://www.definitions.net/definition/double+taxation>.

    Are we missing a good definition for double taxation? Don't keep it to yourself...

    Browse Definitions.net

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    denote or connote
    • A. inspire
    • B. carry
    • C. signify
    • D. conceal

    Nearby & related entries:

    Alternative searches for double taxation: