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

#

Ministry of finance (mof)

In the field of economics, the government's role in managing the nation's financial affairs falls under the jurisdiction of the department responsible for formulating monetary policies, implementing tax laws, and collecting revenue. This department plays a crucial role in stabilizing the economy and ensuring the efficient allocation of resources. Let's delve deeper into the intricacies of these financial terms and understand their significance.

Branch tax

When a foreign company operates through a branch in a country, it is subject to a special tax known as branch profits tax. This tax is in addition to the regular corporate i...

More

Supplemental assessment

Tax liabilities are subject to determination by the tax authorities if an initial assessment is found to be incomplete or incorrect in a material aspect. This discretionary ...

More

Withholding tax

In the realm of finance, it is important to understand the concept of withholding tax. This refers to a tax on income that is collected at the source, meaning a third party ...

More

Revenue neutrality

Tax reform is subject to certain limitations, the most important of which is that it should not result in a significant change in the government's revenue. This means that a...

More