Resources
The words, defined once.
Tax vocabulary and the product's own terms, each in a sentence complete on its own — because a definition that needs the next sentence is not much use in a tooltip.
14 tax terms13 TaxOrch terms
Matches names, abbreviations and definitions.
27 of 27 terms
A
Answer contract
TaxOrch- The single standardised object every high-risk answer returns, whatever endpoint produced it.
C
Capital gain
Tax- The profit on disposing of an asset for more than its acquisition cost.
Certainty gate
TaxOrch- The final stage that decides whether an answer ships, goes back as a question, or escalates to a human.
Claim verification
TaxOrch- Checking each typed claim in an answer — numbers, rates, dates, jurisdictions — against the evidence, one at a time.
Corpus release
TaxOrch- A named, checksummed, immutable snapshot of the source corpus that retrieval pins an answer to.
Country pack
TaxOrch- The set of declared assets — parameters, rules, validators, sources — that determines what a jurisdiction is allowed to claim.
Coverage
TaxOrch- The declared depth to which a jurisdiction, year, tax type and entity combination is supported — stored as a profile, not asserted in copy.
D
Double entry
Tax- Bookkeeping in which every transaction is recorded as equal debits and credits, so the books always balance.
E
Effective rate
Tax- Total tax divided by total income — what was actually paid, as a percentage.
Exact or abstain
TaxOrch- The rule that TaxOrch gives an exact, cited figure or refuses — never an approximation presented as an answer.
G
Golden case
TaxOrch- A hand-verified evaluation case with an expected outcome, used as a regression guard on both the data and the engine.
Grounded answer
TaxOrch- An answer whose every figure comes from a calculator and whose every legal claim is supported by a cited passage in the active corpus.
H
Human in the loop
TaxOrch- The rule that every high-impact action requires a person to approve it, with no setting that removes the requirement.
L
Law as of
TaxOrch- The date at which the law behind an answer was resolved, recorded on the answer itself.
M
Marginal rate
Tax- The rate applying to the next pound earned, not to the whole income.
N
Nexus
Tax- The connection to a jurisdiction that creates an obligation to register for and collect its tax.
P
Permanent establishment
Tax- A fixed place of business in another country substantial enough to create a corporate tax obligation there.
Personal allowance
Tax- An amount of income taxed at zero before any band applies, deducted before the rates are worked out.
R
Release gate
TaxOrch- The quality gate a build must clear before it ships, returning pass, fail, blocked or waived.
Reverse charge
Tax- A rule shifting responsibility for accounting for VAT from the seller to the buyer.
T
Tax residency
Tax- The status determining which jurisdiction may tax a person or entity on their worldwide income.
Tax treaty
Tax- An agreement between two jurisdictions allocating taxing rights and capping certain rates.
Taxable income
Tax- Income remaining after allowances and deductions, and the figure the rate bands actually apply to.
Tie-out
Tax- Reconciling a figure back to its source so a reviewer can confirm where it came from.
V
Verification status
TaxOrch- The field on an answer contract that says what happened, across eight values — the one a client should branch on.
W
Withholding tax
Tax- Tax deducted at source by the payer and remitted on the recipient's behalf.
Workpaper
Tax- The documentation supporting a position in an engagement: the facts, the calculation and the authority behind it.
Keep reading
Everything here states what it does not cover.
A guide that applies to one country and one tax year says so at the top, and cites the section it relies on. Read one before you decide whether any of this is for you.
TaxOrch provides decision support, not professional tax advice. Exact results apply only within declared coverage. TaxOrch does not file returns or execute payments. Review all outputs before filing.