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Taxes

Fiscal year

In the world of finance, a fiscal year refers to a specific 12-month time period that is designated for the purpose of financial reporting for a company or organization. This period is chosen by the enterprise and typically aligns with the natural business cycle. It is an essential concept for understanding a company's financial health and performance. Let's delve deeper into the intricacies of fiscal years and their significance in the world of finance.

Dependent personal services

The OECD model tax treaty is a comprehensive guide for dealing with employment income, such as salaries and wages. This guide specifically addresses the treatment of these t...

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Amortization method

In the world of finance, there exists a method of calculating credit under a VAT regime that involves the purchase of investment goods with a useful business life of over on...

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Export duty

As we delve into the world of finance, it is important to understand the concept of export taxes. These are taxes imposed on basic commodities that are traded globally, incl...

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Tax secrecy

As a professor of finance, it is important to understand the concept of taxpayer confidentiality. This refers to the responsibility of tax officials to keep personal informa...

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