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Taxes

Tax

This can take the form of financial contributions or services provided by individuals or businesses. As an expert in finance, I would like to introduce the OECD's definition of a tax. According to this, a tax is a mandatory payment or provision of services to the government, without expectation of anything in return. This can be in the form of monetary contributions or services provided by individuals or businesses. This definition is crucial to understand the role of taxes in a country's economy.

Comparable uncontrolled price (cup) method

Transfer pricing is a fundamental concept in finance that involves evaluating the price of transferred property or services in a controlled transaction with that of a compar...

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Compensation

As an educator in the field of finance, it is crucial to understand the concept of rewards in a business setting. In this context, rewards refer to both monetary and non-mon...

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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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Forfait

In certain countries, taxes may be imposed on an approximate taxable amount, known as a forfait, specifically when it comes to income tax or turnover tax for small businesse...

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