Examlex

Solved

What Is a Pass-Through Relationship

question 78

Essay

What is a pass-through relationship?


Definitions:

Basis

The amount of investment in property for tax purposes, used to calculate gain or loss on a sale or disposition.

Capital Gain

The profit from the sale of property or an investment, calculated as the difference between the selling price and the purchase price.

Cash Dividend

A payout of a company's earnings to its shareholders in the form of cash.

AMT

Alternative Minimum Tax, a parallel tax system designed to ensure that individuals and corporations pay at least a minimum amount of taxes.

Related Questions