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Import duty

of Care As a professor of finance, it is crucial to understand the concept of duty of care. This refers to the responsibility that a person or organization has towards their clients or investors. It encompasses the duty to act in good faith, with due diligence, and in the best interest of those being served. In the financial world, this duty is especially important as it involves handling other people's money. It requires a high level of expertise, ethical behavior, and accountability. Thus, it is essential to establish and maintain a duty of care to ensure the protection of investors and maintain trust in the financial market.

Other income

In taxation, income that is not explicitly stated in a tax treaty is commonly addressed in a distinct section known as "other income". This category encompasses various type...

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Consolidated tax return

A consolidated tax return is a filing that combines the financial information of a parent company and its subsidiaries, when they are organized as a group. This approach all...

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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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Information return

A declaration is a statement made by an individual possessing economic knowledge about a potential taxpayer, regardless of their responsibility for withholding tax. This dec...

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