Search results for keyword: deduction
package loan
Bundled loan refers to a type of loan where a borrower is lent funds by a single lender and these funds are made up of a bundled package of different types of loans that the lender provides. The bundled loan is an agreement between the lender and borrower that stipulates the various loan types inc......
12/07/2023 
1068 
Sophia
tax avoidance planning
Tax avoidance is a way for companies or individuals to pay less taxes than required by the law. It is a process that involves restructuring one’s finances in a way that is not illegal, but takes advantage of loopholes in the tax code to minimize one’s tax liabilities. Many methods of tax avoidan......
tax avoidance effect
The tax avoidance effect
Tax avoidance is a practice used by individuals and organizations to legally reduce their tax liabilities by taking advantage of tax incentives provided by the government. The general principle of tax avoidance is that taxpayers should look for ways to minimize their tax ......
Product Operating Expenses
Introduction Product sales revenue has been a major source of revenue for many companies, but the cost of sales can be daunting. Companies need to be able to forecast the cost they will incur in order to make profit projections and set budgets. Product sales revenue can be written off as a deductio......
real estate income
Income from real estate is a relatively stable and attractive income source for many people. Many people are attracted to the potential profits from owning a piece of real estate, but there are also risks to be aware of.
Income from real estate can come from several different sources, including ......
Appropriate funds
Special Funds Allocation
The concept of a special funds allocation has become increasingly common in both the public and private sectors. It refers to the process of setting aside a specific budget for a particular purpose, such as research, development, or capital projects. This special funding ......
untaxed income
Income which is not subject to tax is not subject to taxation. This income includes gifts and inheritances, gifts from friends and family, income from investments and other sources, as well as income from certain government sources that are not considered taxable.
Gifts are generally not taxed b......
No itemized credit limit
With more and more taxes being imposed on the public, tax deduction has become increasingly in favor. Tax deduction can save taxpayers a large sum of money and reduce their financial burden. Although the tax deduction limits are different in different countries, its benefits are immense.
Tax dedu......
No Consolidation of Progressive Credits
Cross Border Tax Relief
Cross Border Tax Relief is an important concept in the international tax system, which simplifies the process of taxation and provides an efficient system for transferring funds between countries. The primary focus of the concept is to eliminate double taxation, while allo......
super progressive tax rate
Superimposed Tax Rate
Superimposed taxes are a type of tax that is additional to an already existing tax. For example, while a standard corporate income tax rate might be ten percent, a superimposed tax of five percent might be added on top of that rate, bringing the total tax owed to fifteen per......
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