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Taxes

Frivolous position

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

Tax planning is a crucial aspect of managing one's financial affairs, both in business and personal realms. It involves strategizing and organizing financial activities to r...

A customs-free zone is a designated area within a country's borders where tariffs and other indirect taxes do not apply. This allows for the free movement of goods and servi...

The concept of an indirect ad valorem tax may seem complicated, but it's actually quite simple. This tax is applied to certain luxury goods, such as toiletries, cosmetics, a...

Information return

A declaration is a statement made by an individual possessing economic knowledge about a potential taxpayer, regardless of their responsibility for withholding tax. This dec...

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...

Taxpayers are required to submit declarations of their income, sales, and other relevant details, either personally or through a representative. These declarations are commo...

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IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Financial Instruments

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

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Terms related to decisions and events initiated by a company that can impact its stock, such as divi

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

Derivatives

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

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Gold

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

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All terms and concepts related to the use, features, and management of payment cards allowing users

Retirement Planning

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

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