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Taxes

Profit ratio

One of the fundamental concepts in finance is the return on capital, which measures the profitability of a company in relation to its invested capital or net worth. This ratio is often used in determining tax liabilities and can vary widely between industries and companies. Understanding this metric is crucial for making sound financial decisions and assessing the financial health of a company.

International taxation

International taxation has long been understood as the application of treaty provisions aimed at alleviating double taxation on an international scale. However, its scope ex...

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Property tax

One of the fundamental aspects of finance is understanding the various forms of taxes that individuals and businesses are subject to. A crucial type of tax is property tax,...

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Terrtoriality principle

One commonly used term in the world of finance is "territorial taxation". This concept refers to the practice of taxing individuals or businesses only within the boundaries ...

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Credit, tax

Tax deductions refer to the reduction of taxable income, resulting in a lower amount of tax owed. This is different from offsetting against income, as it directly reduces th...

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