Income Tax terms starting with L

3 terms

1. lobbyist A person who represents the concerns or special interests of a particular group or organization in meetings with lawmakers.
2. long-distance telephone tax refund Taxpayers are eligible to file for refunds of all excise tax they have paid on long-distance service billed to them after Feb. 28, 2003.
3. luxury tax A tax paid on expensive goods and services considered by the government to be nonessential.