Capital Construction Fund Law and Legal Definition
Capital Construction Fund is a tax benefit for operators of United States-built, U United States-flag ships in the U.S. foreign, Great Lakes, or noncontiguous domestic trades, by which taxes may be deferred on income deposited in a fund to be used for the replacement of vessels.
Legal Definition list
Related Legal Terms
- 107th Meridian Escrow Fund
- Acquisition, Development and Construction (ADC) Loan
- Additional Funds Needed [AFN]
- Adjusted Capital Contribution
- Administrative Subdivision of Funds
- Administrative Takedown Funds [Transportation]
- Advance Refunding Offer
- Adventure Capitalist
- Airport Capital Plan [Aeronautics and Space]
- Anarcho-Capitalism
