| 单词 | top slicing |
| 释义 | top slicing A method of assessing the taxable gain on a life-assurance policy. The proceeds of the policy plus all capital withdrawals, less the premiums paid, are divided by the number of years for which the policy has been in force. This amount is added to any other income for the year in which the chargeable event occurred; if this places the taxpayer in a higher tax band, the whole gain is charged at the appropriate marginal rate, i.e. the tax rate in that band less the basic rate of tax. If the sum does not exceed the basic rate tax, no further tax is due. |
| 随便看 |
|
英汉经管词典收录了5297条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。