Business Terms and Jargon Explained

What is Mitigation

Tax - Legal Definition:-

The reduction of a penalty by HM Customs and Excise or the VAT and Duties Tribunal. Applies only to certain types of civil penalties. For example, misdeclaration penalty and belated notification penalty.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Competitive Advantage Book value Narrowband
Intangible Assets Alimony Free Zone Goods
Cash Flow Forecast SSL - Secure Sockets Layer Certified Documents
Federal Reserve Arraignment Principal Place of Business
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Convertible Mark Unpaid dividend Conditional Sale
Open court Operating System Resource Allocation
OATH County Court KMC
Assignee Non-Monetary Billing
Warranty of Authority Retail Financial Services Zero Haven
Off Balance Sheet Economic Capital K.I.S.S
Affiliate Write-off HM Customs and Excise
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Term created / updated 2006-11-14 13:45:55

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