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

De minimis

In the realm of taxation, there exists a phrase that pertains to situations where the strict enforcement of tax laws is not applied. This is often due to the insignificance of the amount or infraction, especially in cases where under-assessed or underpaid taxes are not pursued. Such situations are commonly referred to as "de minimis" grounds.

Profits tax

Businesses are often subject to a tax called corporate income tax, which is imposed on their profits. This tax is separate from the ordinary income tax that individuals pay ...

More

Separate taxation

Let us delve into the concept of separate taxation, a practice used in certain countries to tax married couples based on their individual incomes. While it is compulsory in ...

More

Second-tier subsidiary

A subsidiary is a taxable entity under the control of another taxable entity, which is in turn controlled by a third entity. This type of structure allows for a hierarchy of...

More

Tax unit

In the realm of personal income tax, the concept of taxation can be applied to individual entities or a collective group viewed as a single unit. This terminology is often u...

More