Meaning presumptive taxation
What does presumptive taxation mean? Here you find 2 meanings of the word presumptive taxation. You can also add a definition of presumptive taxation yourself

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presumptive taxation


Definition A form of assessing tax liability using indirect methods such as income reconstruction or by applying base-line taxation across the entire tax base. Presumptive methods of taxation are thou [..]
Source: investorwords.com

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presumptive taxation


Presumptive Taxation is a concept of taxation according to which income tax is based on "average" income instead of actual income.
Source: definitions.uslegal.com




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