Meaning of tax lot | Babel Free
Definitions
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A grouping of security holdings in an account used for enabling the calculation and treatment of the securities for tax compliance and reporting. US
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An parcel of real property on which property taxes are levied. US
Examples
“In some countries such as the USA, cost basis must be considered on a tax lot-by-tax lot basis.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.