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What does BIT stand for?

BIT stands for Business Income Tax

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of BIT

Other Resources:
We have 146 other meanings of BIT in our Acronym Attic

Samples in periodicals archive:

Business fliers should attach Form 8913 to their regular 2006 income tax returns; exempt organizations must attach it to Form 990-T, Exempt Organization Business Income Tax Return.
It also covers exemption issues, unrelated business income tax, the special rules applicable to private foundations, tax rules applicable to unrelated business income, and the tax and reporting rules applicable to political organizations.
The workshops will cover the following topics: individual income tax returns and related schedules, business income tax returns, employment tax returns, employer-employee determinations, farm income and casualty loss, the collection process and the rights and responsibilities of the taxpayer.