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Taxes

Debtor

In the world of finance, we often come across the term "debtor" or "borrower". This refers to an individual or entity that has taken on a financial obligation to repay borrowed funds. This could be in the form of a loan, credit card debt, or any other type of financial agreement. Essentially, a debtor is someone who owes money to someone else. As we dive deeper into the world of finance, understanding the role of a debtor is crucial.

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...

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Forfait

In certain countries, taxes may be imposed on an approximate taxable amount, known as a forfait, specifically when it comes to income tax or turnover tax for small businesse...

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Private ruling

A tax ruling is a decision made by tax authorities for an individual taxpayer, typically pertaining to a specific transaction or set of transactions. It is important to note...

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Permanent establishment (pe)

In the realm of finance, there exists a term known as "permanent establishment," which holds particular significance in the context of double taxation agreements. This term...

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