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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.

Indirect tax credit

In the realm of finance, there are certain terms that hold great significance. One such term is credit, which refers to the ability to borrow money or obtain goods or servi...

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Benefit test

When assessing the deductibility of payments made to a related company in a multinational group for intra-group services, tax authorities require evidence of a tangible bene...

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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 ...

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Tax bill

Tax laws are an essential part of a country's economic system. Once a draft law on a tax matter is approved by the government, it is then presented to the Parliament for fur...

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