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Taxes

Fiscal year

In the world of finance, a fiscal year refers to a specific 12-month time period that is designated for the purpose of financial reporting for a company or organization. This period is chosen by the enterprise and typically aligns with the natural business cycle. It is an essential concept for understanding a company's financial health and performance. Let's delve deeper into the intricacies of fiscal years and their significance in the world of finance.

Income splitting

A key concept in finance is the utilization of arrangements where income, that would have been subjected to a higher tax rate if received by the original earner, is instead ...

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Paid-in capital

A key concept in finance is capital, which refers to the financial resources a company has at its disposal. This can come from various sources, such as investors who purchas...

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Accounts payable

, is known as accounts payable. These debts are usually short-term and are expected to be paid within a specific time frame. Accounts payable, a crucial concept in finance,...

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Restricted stock plan

A key aspect of stock option plans is that they can be subject to certain limitations. This may include restrictions on transferability and the requirement of facing signifi...

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