Sham transaction

A tax strategy often utilized by companies, a transaction without substance lacks any real economic or business purpose and is designed solely for the purpose of minimizing tax liability. This type of transaction is not recognized by the tax authorities and is therefore disregarded for tax purposes. In other words, it holds no true value or meaning beyond its tax implications. This concept is important to understand in the world of finance, as it can greatly impact a company's overall tax strategy and financial standing.

Understand the meaning and definition of Comparable uncontrolled price (cup) method in the context of stock market, trading, and investments.

Safe harbour

Understand the meaning and definition of Safe harbour in the context of stock market, trading, and investments.

Loss relief

Understand the meaning and definition of Loss relief in the context of stock market, trading, and investments.

Income splitting

Understand the meaning and definition of Income splitting in the context of stock market, trading, and investments.

Double taxation, economic and juridical

Understand the meaning and definition of Double taxation, economic and juridical in the context of stock market, trading, and investments.

Marginal rate of tax

Understand the meaning and definition of Marginal rate of tax in the context of stock market, trading, and investments.

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