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Taxes

Short-term capital gains

Capital gain is the profit gained from selling assets that have been owned for a short period. This gain is subject to taxation and is an important concept in finance. It is calculated by subtracting the cost of the asset from its selling price. For example, if you bought a stock for $100 and sold it for $150, the capital gain would be $50. This is a crucial concept to understand in order to make informed investment decisions.

International double taxation

As we delve into the topic of taxation, it is important to understand the concept of double taxation. This refers to the occurrence of taxing the same income or asset twice...

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Control

When one person has the ability to ensure that another person follows their desires, this is referred to as control. This control can be utilized by individuals and corporat...

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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...

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Profit shifting

When it comes to managing a group or corporation, it's important to understand the concept of transfer pricing. This refers to the practice of allocating income and expenses...

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