Word: refundability
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...refund for the fiscal year, which ended June 30, 1973, is 1 per cent higher than the previous year's rebate of 5 per cent. The Coop will begin distribution of the refund checks to its members on October...
...committee. Prepared for that rebuff, Reagan took his proposal to the public. He started a campaign to round up some 521,000 signatures needed to put the proposition on the ballot. To make the plan more palatable, he combined it with a 20% income tax credit designed to refund to the taxpayers $415 million of this fiscal year's $850 million budget surplus. A citizens' group called Californians for Lower Taxes sprang up on command. On its first mailing of 120,000 letters, the group received 11,130 contributions, amounting to $140,000. So popular is the scheme...
...plan provides for a Coop contribution to a trust fund for each eligible employee, computed on the basis of the prevailing patronage refund percentage rate...
...patronage refund is the rebate given to each member of the Harvard Cooperative Society, a percentage (the patronage refund rate) of the total purchases made by each member during a year...
...recent weeks have made a series of highly publicized arrests of tax specialists in New York, Georgia, Louisiana, Alabama and Texas. So far, IRS investigations conducted mainly by agents or volunteers posing as clients have resulted in fraud convictions of 126 tax preparers and indictments of another 85. The refund mills under IRS scrutiny usually consist of one or two people who often set up shop in a storefront and earn up to $40,000 for three months' work...