Medi Assist Healthcare IPO

Home Taxes

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Taxes

Jurisdiction

In the realm of finance, one may come across the term "Tax Jurisdiction" which refers to the power, right, or authority to interpret and apply tax laws or decisions. It is crucial to understand the concept of tax jurisdiction as it determines the scope and extent of taxation for individuals and businesses. Essentially, it outlines which tax laws and regulations are applicable to a particular entity or transaction. This knowledge is instrumental in making informed financial decisions and ensuring compliance with tax obligations.

Schedular tax system

A fundamental concept in finance is the tax system, which involves the separate taxation of income from various sources. This means that different "schedules" are used to de...

More

Rebate

A tax credit, also known as a fiscal credit, is a term that is commonly used in some countries to refer to a type of tax reduction. It is a tool used by governments to incen...

More

Pro rata rule

VAT systems typically allow for a credit on input tax, which refers to the VAT previously paid on goods and services. This credit can be claimed when these items are used in...

More

Customs duties

, also known as customs duties, are a crucial aspect of international trade and play a significant role in a country's economy. These taxes are imposed by the government to re...

More