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Taxes

Frivolous position

A tax position that is deliberately put forward in an insincere manner and is clearly inappropriate.

Tax rules often include tests to prevent individuals and businesses from avoiding taxes. These tests may consider the purpose of a transaction and impose consequences if it ...

Refund (of tax)

When discussing taxation, it is important to understand the concept of tax repayment. Simply put, this refers to the amount of tax that is returned to a taxpayer. This can ...

When one person has the ability to ensure that another person follows their desires, this is referred to as control. This control can be utilized by individuals and corporat...

A capital asset refers to any asset that is held for investment purposes, such as real estate, stocks, or bonds. When a capital asset is sold for a profit, this is known as ...

Statute of limitations

In the realm of finance, there exists a legal term known as a statute of limitations. This term refers to a set time period during which a particular legal action can be pur...

. A letter ruling is a valuable tool in understanding the complex world of taxes. It is a written statement from tax authorities to a taxpayer, providing a detailed interpreta...

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Mutual Funds

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

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Financial Instruments

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

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

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