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Acronymfinder

What does TY stand for?

TY stands for Tax Year


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

  • Business, finance, etc.

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Other Resources:
We have 4 other definitions for TY in our Acronym Attic

Samples in periodicals archive:

Strictly speaking, tax could be taken from you on the earnings that you made overseas in the same tax year that you return to the UK, but if you were completely non-resident in the year prior to your return, you will qualify for the 'split year' treatment.
Thus you as a forest owner can qualify under this test even if another individual or co-owner participates in the woodland operation more than you do during the tax year in question.
A Convention adoption subject to the IAA will be final for Federal income tax purposes in the (1) tax year for which the Secretary of State certifies as final an adoption subject to IAA Section 301(b); or (2) year in which the state court enters a final decree of adoption (IAA Section 301(c)).
In addition, a 6% excise tax applied to excess contributions to an education IRA, under code section 4973 (that is, contributions for the tax year that exceeded the allowed limit--$500--or that were also contributed to a QSTP program for the same beneficiary).