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Taxes

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 of a particular country or sovereign tax authority. In countries that adopt this approach, residents are not required to pay taxes on any income earned from foreign sources. This principle is often seen as a way to promote economic growth and incentivize individuals and businesses to invest and do business within their own country.

Current assets

In the realm of finance, we often come across terms such as cash, accounts receivable, inventory, and other assets. These are assets that hold the potential to be converted ...

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Restricted stock plan

A key aspect of stock option plans is that they can be subject to certain limitations. This may include restrictions on transferability and the requirement of facing signifi...

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Net profit margin

The measure of a company's profitability in relation to its total revenue, commonly referred to as the operating profit to gross income ratio, is a key metric in the realm of...

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Progression

This is done in order to distribute the tax burden fairly among individuals. As we delve into the world of finance, it's important to understand the concept of progressive ...

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