Medi Assist Healthcare IPO

Home Taxes

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Taxes

Assessment

on a transaction

Calculating the tax owed on a financial transaction is known as tax computation. This involves analyzing the relevant tax laws and regulations to determine the appropriate amount of tax that needs to be paid. It is a crucial aspect of finance as it ensures compliance with tax laws and helps businesses and individuals make informed financial decisions. Understanding tax computation is essential for anyone involved in finance, as it is a fundamental concept that plays a significant role in financial planning and management.

Soak-up tax

A foreign tax credit is a financial term that refers to a tax or levy that is dependent on the availability of a tax credit in another country. This means that if a taxpayer ...

More

Excise tax

A taxation is a financial levy placed upon various activities, professions, benefits, production, trade, or utilization. This is a common practice used by governments to gen...

More

Payroll tax

One of the essential terms in the field of finance is payroll tax. This refers to the tax that an employer must pay on the total amount of salaries, wages, and other forms o...

More

Gross profits tax

In the realm of finance, there exists a common term known as a "gross receipts tax." This tax is typically levied at a lower rate and is based on the total revenue of a bus...

More