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

Onus of proof

In the realm of finance, there exists a crucial principle known as the burden of proof. This concept places the responsibility on the individual to provide evidence to support their claim. In the world of taxes, for instance, this principle is widely adopted, requiring taxpayers to accurately declare their income and transactions. As such, it is essential for individuals to understand and uphold the burden of proof in financial matters.

Administrative expenses

Indirect expenses, also known as overhead costs, are not as straightforwardly linked to a specific activity as direct costs such as production and sales expenses. They often...

More

Foreign-source income

Foreign income is any income earned from countries other than the country where the taxpayer lives. This can include earnings from investments, businesses, or employment in ...

More

Separate taxation

Let us delve into the concept of separate taxation, a practice used in certain countries to tax married couples based on their individual incomes. While it is compulsory in ...

More

Underlying tax

Corporate income tax is a type of tax that companies have to pay on their profits. This tax is charged on the income that is eventually used to pay dividends to shareholders...

More