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Taxes

Tax holiday

A common fiscal policy measure utilized in developing nations is the tax holiday. This strategy offers a temporary period of relief from income tax for newly established industries, with the aim of stimulating domestic industrial growth and diversification.

As a financial expert, it is crucial to understand the concept of tax fraud. It refers to the intentional act of evading taxes and is considered a serious offense under crim...

A customs-free zone is a designated area within a country's borders where tariffs and other indirect taxes do not apply. This allows for the free movement of goods and servi...

In the world of taxation, the term "regular place of business" refers to the location where a taxpayer conducts their everyday business or carries out their duties, regardle...

Corresponding adjustment

When a tax administration makes a primary adjustment in one tax jurisdiction, the tax liability of the associated enterprise may also be adjusted in a second jurisdiction. T...

Extended limited tax liability

One important principle in finance is the concept of tax jurisdiction and its impact on taxpayers. Specifically, individuals who are subject to individual income tax, net wo...

Presumptive taxation

Taxation is a crucial aspect of any economy, and understanding its concepts is essential for anyone interested in finance. One such concept is the "average income" approach ...

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Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

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