Search results for keyword: taxable
accumulative accounting
Accumulated Depreciation
Accumulated depreciation is a contra account that offsets a companys fixed assets on the balance sheet. By creating an account that tracks how much of a companys fixed assets were used during the accounting period, financial statements remain accurate and compliant.
Accu......
09/07/2023 
1040 
Lily
input tax
Title: What is Input Tax
Input tax is the sales tax paid by businesses when they purchase certain goods and services. It is typically levied by the country where the goods or services were purchased and is used to fund the governments operations and projects.
Input tax can be levied at different......
International Overlapping Taxation
International Tax Overlap
International taxation is the application of tax to transactions that involve people and businesses in more than one country. When it comes to multinational companies and individuals, international taxation deals with the taxation rules imposed by countries on taxpayers ......
taxable price
in recent years, more and more people consider the taxation of price when they make purchases. Many people believe that, while the cost of goods and services should always be taken into account, the taxation of price adds an additional level of expense that must be considered.
The ability to calcu......
regular tax
In every part of the world, taxes are necessary for the country to operate, providing services and developing infrastructure. In numerous cases, taxes are necessary for governments to levy on individuals and companies for different expenses. The concept of “taxation” pertains customarily to a co......
Collective corporate income tax
Corporate Income Tax
Corporate income tax is a levy imposed on organizations by the government in order to earn revenues. It is an important source of annual revenue for governments around the world, who use the proceeds from this tax to fund public services and programs. Corporations are require......
national income tax rate
Since the end of World War Two, government revenue from income taxes has been a major source of tax revenue for the United States. In the post-war decades, the Tax Reform Act of 1986 fundamentally changed the federal income tax structure, resulting in much lower rates for almost all taxpayers. Tod......
Internal tax
The taxation of goods and services in any country can be a complex issue, and China is no exception. The tax system in China is a multi-tiered system of indirect taxes and tariffs. In this system, the focus is on Value-Added Tax (VAT) which is a type of tax imposed on the production, distribution,......
Consolidated Progressive Credit
Merger Cumulative Relief
In an era of globalization, businesses increasingly operate on a global platform, meaning that mergers and acquisitions have become the norm within the business world. As cross-border transactions have become more prevalent, there is a need for legal systems to recognize ......
Financial lease contract
Finance Lease Contract
This Finance Lease Contract (the Contract) is made between [Lessor], a company duly organized and existing in [State], hereinafter referred to as Lessor, and [Lessee], a company properly organized and existing in [State], hereinafter referred to as Lessee.
The parties to t......
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