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Taxes

Payroll tax

One of the essential terms in the field of finance is payroll tax. This refers to the tax that an employer must pay on the total amount of salaries, wages, and other forms of compensation given to their employees. Unlike other types of taxes, payroll tax is not based on individual circumstances, such as one's residence or family status. It is a universal tax that applies to all employees regardless of their personal situation.

Auxiliary company

A subsidiary is a company that is owned by a larger parent company. They provide supporting services to other companies within the same group. These services can include adm...

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Office audit

A tax audit is a routine inquiry conducted by a tax authority, typically regarding a straightforward tax issue. It is a systematic review of an individual or business's fina...

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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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Lottery tax

In the realm of finance, it is important to understand the concept of tax on the sale of lots or the receipt of prizes after the drawing of lots. This refers to the tax that...

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