Corporate tax and its significance

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2022-03-17 06:36:29 - Translate -

A corporate tax, additionally known as company tax or corporation tax, is a direct tax imposed on the income of authorized establishments. Taxes are based on taxable income which incorporates revenue after deduction of marketing, research, and other operating expenses. Company capital gains liable to tax are usually determined in the same way as taxable income for individual taxpayers. Overall,...

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