Definition of "attribution"
  1. A principle in tax legislation that, under specific circumstances, considers assets held by an individual or a commercial entity as owned by a different individual or entities
How to use "attribution" in a sentence
  1. In their tax filings, they had to consider the attribution rules because one partner owned a significant amount of property.
  2. The attribution of the company's assets caused a significant change in their tax liability.
  3. Taking into account the attribution rules can prevent unexpected tax obligations in business transactions.

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