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Taxes

Stamp duties

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In the realm of finance, there exists a tax known as stamp duty. This tax is imposed upon the issuance of official documents, such as passports, property deeds, and contracts for the transfer of ownership. The method of levying this duty involves affixing a physical stamp onto the document itself. This tax, also referred to as stamp tax, is commonly used to generate revenue for the government and is a crucial aspect of financial planning and management.

Goods and sales tax vat

A crucial aspect of the financial world is the concept of a multi-stage sales tax. In essence, this refers to a tax that is imposed on purchases made by consumers, as well a...

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Terrtoriality principle

One commonly used term in the world of finance is "territorial taxation". This concept refers to the practice of taxing individuals or businesses only within the boundaries ...

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Motive test

Tax rules often include tests to prevent individuals and businesses from avoiding taxes. These tests may consider the purpose of a transaction and impose consequences if it ...

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Tax avoidance

of The concept of avoidance in finance refers to the act of deliberately avoiding certain investments or strategies in order to minimize risk or potential losses. This can i...

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