In the context of estate planning and taxation, terminal year refers to the year in which an individual has died. Many tax regulations include special handling of income and assets during the terminal year of the taxpayer.
Related information about terminal year:
- Terminal Year Definition | Investopedia
Terminal year is used in estate planning and taxation because special tax rules ... In Canada, the terminal year refers to the portion of the calendar year during ...
- Terminal Year - Financial Dictionary - The Free Dictionary
The year in which a person dies. Special tax rules apply during a person's terminal year. Want to thank TFD for its existence? Tell a friend about us, add a link to ...
- Estimating Terminal Value
One is to assume a liquidation of the firm's assets in the terminal year and estimate what others would pay for the assets that the firm has accumulated at that ...
- What is terminal year? definition and meaning
Definition of terminal year: In the context of estate planning and taxation, terminal year refers to the year in which an individual has died. Many tax regulations ...
- Terminate the Terminal Year - Brainstorm - The Chronicle of Higher ...
Feb 16, 2010 ... But the terminal year is most often not good for professors and, with certainty, structurally bad for students. The terminal year is cheap and often ...
- Terminating the Terminal Year | Inside Higher Ed
Aug 27, 2007 ... The tenure denial also said that Finkelstein would receive a contract for this coming academic year -- the "terminal year" contract that is ...
- Mid-Year Discounting — Valuation Academy
Therefore it is necessary to discount the present value of the Gordon Growth terminal value using the mid-year convention at the terminal year. The Enterprise ...
- Terminal Year Definition
The legal definition of Terminal Year is A portion of a calendar year from and including January 1 to a person's date of death.