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Import duty

of Care As a professor of finance, it is crucial to understand the concept of duty of care. This refers to the responsibility that a person or organization has towards their clients or investors. It encompasses the duty to act in good faith, with due diligence, and in the best interest of those being served. In the financial world, this duty is especially important as it involves handling other people's money. It requires a high level of expertise, ethical behavior, and accountability. Thus, it is essential to establish and maintain a duty of care to ensure the protection of investors and maintain trust in the financial market.

Negative income tax

In the realm of finance, there exists a potential solution for aiding those living in poverty through the utilization of existing income tax structures. This proposed approa...

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Short-term capital gains

Capital gain is the profit gained from selling assets that have been owned for a short period. This gain is subject to taxation and is an important concept in finance. It is...

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Constructive ownership

This indirect ownership is known as beneficial ownership When it comes to finances, it's important to understand the concept of beneficial ownership. This refers to the sit...

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Consumption tax

As a finance professor, I often find myself discussing the concept of tax with my students. In simple terms, tax is a financial burden imposed by the government on individua...

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