Mutual improvement certificate

Tax-free Certificate issued by a Local government to Finance a specific Public works project. Payments are made through a tax Assessment on those who Benefit from the project.

Related Terms: 11 Assessment, Benefit, Certificate, ECI, Finance, FICA, FIN, Local, Public, Sue, Tax

Other Related Pages: Category: Taxes Starting With: M

Additional Related Terms: 10-K, After-tax basis, At par, All or any part, At best, At call, Accumulated earnings tax, Accidental death benefit, At risk, Add-on service