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Taxes

Profit ratio

One of the fundamental concepts in finance is the return on capital, which measures the profitability of a company in relation to its invested capital or net worth. This ratio is often used in determining tax liabilities and can vary widely between industries and companies. Understanding this metric is crucial for making sound financial decisions and assessing the financial health of a company.

Net profit

As we delve into the world of finance, it is important to understand the distinction between receipts from business transactions and deductible business expenses. While rece...

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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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Incidence of tax

When discussing taxes, it is important to understand the concept of tax burden. This refers to the economic impact of taxes on individuals or businesses. It is not necessari...

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Final tax

Tax treaties play a crucial role in international taxation by limiting the withholding tax imposed by the country of source. This means that the rate applied in a treaty cou...

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