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

Base cost

"Good morning class, today we will be discussing an important concept in finance known as 'cost basis'. This term is used in capital gains tax legislation to refer to the original cost of an asset to its owner. In simpler terms, it is the amount of money paid to acquire an asset. Understanding this concept is crucial as it directly affects the calculation of capital gains tax. Let's dive deeper into this topic and explore its implications."

Investment reserve

In the world of finance, there exists a system that allows qualifying taxpayers to earmark a portion of their earnings as a reserve for future investments. This reserve can ...

More

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 suppo...

More

Capital loss

Capital gains are the profits obtained from the sale of a capital asset. However, in the event of a loss, it is referred to as a capital loss. This can occur when an asset i...

More

Comparable uncontrolled price (cup) method

Transfer pricing is a fundamental concept in finance that involves evaluating the price of transferred property or services in a controlled transaction with that of a compar...

More