IRC definition: Copy, customize, and use instantly
Introduction
The term "IRC" stands for "Internal Revenue Code," which is the comprehensive set of tax laws governing the United States. The IRC outlines the tax obligations for individuals, businesses, and other entities, specifying the rates and rules for income taxes, deductions, credits, and other taxation matters.
Below are various examples of how "IRC" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "IRC" as the collection of tax laws that govern federal taxation in the United States
This definition ties "IRC" to federal taxation laws.
"IRC" refers to the Internal Revenue Code, a comprehensive set of federal tax laws in the United States that governs the assessment and collection of taxes, including rules related to income, deductions, credits, and penalties.
Definition of "IRC" as the United States federal law that dictates taxation procedures and requirements for individuals and entities
This definition connects "IRC" to taxation procedures.
"IRC" means the United States federal law that dictates taxation procedures and requirements for individuals, corporations, and other entities, covering topics such as income tax, payroll tax, and corporate tax laws.
Definition of "IRC" as the tax code that defines the obligations of taxpayers and the operation of tax exemptions, deductions, and credits
This definition links "IRC" to taxpayer obligations.
"IRC" refers to the tax code that defines the obligations of taxpayers and the operation of tax exemptions, deductions, and credits, determining how taxes are assessed, collected, and enforced in the United States.
Definition of "IRC" as the statutory framework for calculating and paying federal taxes in the United States
This definition connects "IRC" to the calculation and payment of taxes.
"IRC" refers to the statutory framework used for calculating and paying federal taxes in the United States, outlining specific provisions for income tax, estate tax, corporate tax, and other tax-related matters.
Definition of "IRC" as the legal code outlining tax rates, obligations, and enforcement policies under U.S. federal law
This definition ties "IRC" to tax rates and obligations.
"IRC" refers to the legal code outlining the tax rates, obligations, and enforcement policies under U.S. federal law, governing various forms of taxation, including income, estate, and gift taxes.
Definition of "IRC" as the United States tax legislation that regulates tax administration, enforcement, and compliance
This definition connects "IRC" to tax administration.
"IRC" refers to the United States tax legislation that regulates tax administration, enforcement, and compliance, specifying how taxes are administered and collected by the IRS and how taxpayers must comply with tax laws.
Definition of "IRC" as the body of law detailing the taxation of income, property, and business entities in the U.S.
This definition links "IRC" to income and property taxation.
"IRC" refers to the body of law detailing the taxation of income, property, and business entities in the U.S., including provisions for corporate taxes, individual income taxes, and various business deductions and exemptions.
Definition of "IRC" as the federal code governing the collection, administration, and enforcement of taxes in the U.S.
This definition ties "IRC" to tax collection and enforcement.
"IRC" refers to the federal code governing the collection, administration, and enforcement of taxes in the U.S., outlining the procedures for calculating taxes, filing returns, and handling tax disputes.
Definition of "IRC" as the tax law structure that provides guidelines for federal tax obligations and taxation procedures
This definition connects "IRC" to federal tax obligations.
"IRC" means the tax law structure that provides guidelines for federal tax obligations and taxation procedures, including rules on deductions, tax rates, credits, and other tax-related matters for individuals and businesses.
Definition of "IRC" as the comprehensive set of tax laws administered by the IRS that regulate federal taxation
This definition ties "IRC" to IRS administration.
"IRC" refers to the comprehensive set of tax laws administered by the IRS that regulate federal taxation, including rules related to income taxes, estate taxes, tax deductions, credits, and penalties.
Definition of "IRC" as the comprehensive federal law that outlines the tax structure for individuals, corporations, and other entities in the U.S.
This definition ties "IRC" to the federal tax structure.
"IRC" refers to the comprehensive federal law that outlines the tax structure for individuals, corporations, and other entities in the U.S., including provisions for income taxes, corporate taxes, and special tax treatment for specific industries.
Definition of "IRC" as the United States legal code governing taxation policies, including federal income taxes, corporate taxes, and estate taxes
This definition links "IRC" to federal taxation policies.
"IRC" refers to the United States legal code that governs taxation policies, including federal income taxes, corporate taxes, estate taxes, and other types of taxation regulated under U.S. federal law.
Definition of "IRC" as the body of law that defines tax rates, exemptions, deductions, and other tax-related rules within the U.S.
This definition connects "IRC" to tax rates and rules.
"IRC" means the body of law that defines tax rates, exemptions, deductions, and other tax-related rules within the U.S., serving as the primary source for tax-related regulations enforced by the IRS.
Definition of "IRC" as the legal framework established to regulate the collection and enforcement of federal taxes in the U.S.
This definition ties "IRC" to tax collection and enforcement.
"IRC" refers to the legal framework established to regulate the collection and enforcement of federal taxes in the U.S., ensuring that tax obligations are met and compliance is monitored by the Internal Revenue Service (IRS).
Definition of "IRC" as the tax law set by the U.S. government to govern the taxation of income, business transactions, and other financial matters
This definition connects "IRC" to the taxation of income and business transactions.
"IRC" refers to the tax law set by the U.S. government to govern the taxation of income, business transactions, and other financial matters, including the tax rates and guidelines used to calculate taxable income.
Definition of "IRC" as the U.S. federal tax code that provides rules and procedures for collecting taxes, including income, capital gains, and corporate taxes
This definition ties "IRC" to tax procedures.
"IRC" refers to the U.S. federal tax code that provides rules and procedures for collecting taxes, including income tax, capital gains tax, and corporate taxes, detailing the obligations of both individuals and businesses.
Definition of "IRC" as the law that establishes the framework for U.S. federal tax policies, including compliance requirements and tax benefits
This definition connects "IRC" to compliance and tax benefits.
"IRC" refers to the law that establishes the framework for U.S. federal tax policies, including compliance requirements, tax benefits, credits, and deductions available to taxpayers under federal law.
Definition of "IRC" as the federal legislation that regulates taxation, defines taxable income, and addresses tax reporting for all taxable entities
This definition ties "IRC" to taxable entities.
"IRC" refers to the federal legislation that regulates taxation, defines taxable income, and addresses tax reporting for all taxable entities, including individuals, corporations, and partnerships.
Definition of "IRC" as the body of law that governs the determination and collection of taxes in the United States, including federal income and payroll taxes
This definition links "IRC" to the determination and collection of taxes.
"IRC" refers to the body of law that governs the determination and collection of taxes in the United States, including federal income taxes, payroll taxes, and other taxes related to business and individual financial activities.
Definition of "IRC" as the set of federal tax laws that govern the assessment and collection of taxes in the U.S., including income, excise, and estate taxes
This definition ties "IRC" to federal tax laws.
"IRC" refers to the set of federal tax laws that govern the assessment and collection of taxes in the U.S., including income, excise, and estate taxes, and other taxation provisions related to business and personal income.
Definition of "IRC" as the primary source of legal guidelines for U.S. federal tax policies, including rates, deductions, credits, and exemptions
This definition links "IRC" to tax policies and exemptions.
"IRC" refers to the primary source of legal guidelines for U.S. federal tax policies, covering tax rates, allowable deductions, tax credits, and exemptions for individuals, businesses, and estates.
Definition of "IRC" as the U.S. federal law that regulates the tax treatment of various entities, including corporations, partnerships, and individuals
This definition connects "IRC" to various entities.
"IRC" refers to the U.S. federal law that regulates the tax treatment of various entities, including corporations, partnerships, and individuals, defining how they are taxed, what deductions they can claim, and what credits are available to them.
Definition of "IRC" as the body of law that establishes procedures for tax reporting, enforcement, and penalties in the U.S.
This definition ties "IRC" to tax reporting and penalties.
"IRC" refers to the body of law that establishes procedures for tax reporting, enforcement, and penalties in the U.S., outlining the rules for compliance and actions the IRS can take in case of non-compliance.
Definition of "IRC" as the legislative framework that governs the tax obligations of U.S. citizens, businesses, and other taxable entities
This definition connects "IRC" to the tax obligations of entities.
"IRC" refers to the legislative framework that governs the tax obligations of U.S. citizens, businesses, and other taxable entities, specifying the various taxes they must pay and how these taxes are calculated and reported.
Definition of "IRC" as the United States tax law that governs the calculation and payment of federal income taxes, corporate taxes, and related tax issues
This definition links "IRC" to the calculation and payment of taxes.
"IRC" refers to the United States tax law that governs the calculation and payment of federal income taxes, corporate taxes, and related tax issues, detailing how tax liabilities are determined for individuals and corporations.
Definition of "IRC" as the U.S. legal framework that ensures the uniform application of tax rules and procedures across the country
This definition ties "IRC" to uniform tax application.
"IRC" refers to the U.S. legal framework that ensures the uniform application of tax rules and procedures across the country, ensuring that all taxable entities follow the same standards and compliance requirements under federal law.
Definition of "IRC" as the federal legal code that outlines tax reporting procedures, deductions, credits, and penalties for tax evasion
This definition connects "IRC" to tax reporting and evasion.
"IRC" refers to the federal legal code that outlines tax reporting procedures, allowable deductions, tax credits, and penalties for tax evasion, ensuring that tax obligations are met and penalties are applied for non-compliance.
Definition of "IRC" as the body of law governing income tax and related taxation matters in the U.S., detailing how income, businesses, and investments are taxed
This definition ties "IRC" to income tax and related matters.
"IRC" refers to the body of law governing income tax and related taxation matters in the U.S., detailing how income, businesses, investments, and other sources of taxable revenue are taxed, and the rules governing such taxation.
Definition of "IRC" as the primary legal source for understanding U.S. tax policy, including provisions on individual and corporate taxation, capital gains, and charitable deductions
This definition links "IRC" to tax policy and deductions.
"IRC" refers to the primary legal source for understanding U.S. tax policy, including provisions on individual and corporate taxation, capital gains, charitable deductions, and other tax-related matters, ensuring clarity and consistency in tax law.
Definition of "IRC" as the comprehensive body of federal tax laws regulating the taxation of all taxable income in the United States
This definition ties "IRC" to the regulation of taxable income.
"IRC" refers to the comprehensive body of federal tax laws that regulate the taxation of all taxable income in the United States, including provisions for income tax, corporate tax, and tax treatment for various entities and individuals.
Definition of "IRC" as the set of laws governing the taxation of individuals, businesses, estates, and other entities in the U.S.
This definition links "IRC" to tax obligations for different entities.
"IRC" refers to the set of laws governing the taxation of individuals, businesses, estates, and other entities in the U.S., defining tax obligations, exemptions, deductions, and credits across various sectors.
Definition of "IRC" as the U.S. legal code outlining the rules and procedures for the collection of federal taxes, including income, estate, and excise taxes
This definition connects "IRC" to tax collection and rules.
"IRC" refers to the U.S. legal code outlining the rules and procedures for the collection of federal taxes, including income, estate, and excise taxes, and the legal framework governing the enforcement of these taxes.
Definition of "IRC" as the federal tax law that defines the structure of taxation for corporations, partnerships, and individual taxpayers in the U.S.
This definition ties "IRC" to tax structures for corporations and individuals.
"IRC" means the federal tax law that defines the structure of taxation for corporations, partnerships, and individual taxpayers in the U.S., providing guidelines for tax rates, filing procedures, and allowable deductions and credits.
Definition of "IRC" as the federal legislative framework that regulates tax rates, deductions, and credits for personal and business taxation in the U.S.
This definition links "IRC" to tax rates and credits.
"IRC" refers to the federal legislative framework that regulates tax rates, deductions, and credits for personal and business taxation in the U.S., outlining how individuals and businesses can reduce their tax liabilities through exemptions and credits.
Definition of "IRC" as the comprehensive tax code that dictates the tax treatment of income, capital gains, and business transactions in the U.S.
This definition connects "IRC" to income and capital gains tax treatment.
"IRC" refers to the comprehensive tax code that dictates the tax treatment of income, capital gains, and business transactions in the U.S., ensuring that all sources of taxable income are appropriately assessed and taxed.
Definition of "IRC" as the legal framework that governs the taxation of various types of income and the eligibility for tax credits or deductions in the United States
This definition ties "IRC" to income taxation and eligibility for deductions.
"IRC" refers to the legal framework that governs the taxation of various types of income and defines eligibility for tax credits or deductions in the United States, ensuring fair application of tax laws across all income types.
Definition of "IRC" as the United States tax law that sets guidelines for tax filings, audits, and enforcement of compliance with federal tax requirements
This definition connects "IRC" to tax filings and audits.
"IRC" refers to the United States tax law that sets guidelines for tax filings, audits, and enforcement of compliance with federal tax requirements, detailing procedures for reporting taxable income and the penalties for non-compliance.
Definition of "IRC" as the body of law that establishes the framework for income tax, corporate tax, and other types of federal taxation in the U.S.
This definition ties "IRC" to various forms of taxation.
"IRC" refers to the body of law that establishes the framework for income tax, corporate tax, and other types of federal taxation in the U.S., providing the rules for calculating tax obligations and reporting taxes to the IRS.
Definition of "IRC" as the legal code governing the U.S. tax system, providing rules for income taxes, estate taxes, and corporate tax liabilities
This definition links "IRC" to different types of taxes.
"IRC" refers to the legal code governing the U.S. tax system, providing rules for income taxes, estate taxes, and corporate tax liabilities, ensuring that all taxpayers comply with federal tax laws.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.