Tax Distribution
/ˈtæks dɪstrɪˌbjuːʃən/
Definitions
- (n.) The allocation or apportionment of tax liabilities or revenues among different entities, jurisdictions, or accounts.
The tax distribution determined how the collected sales tax was divided between state and local governments.
Forms
- tax distribution
Related terms
See also
Commentary
Often used in public finance and corporate law to describe the method or formula by which taxes are allocated or shared; precise definition may vary by jurisdiction or regulatory context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.