It stands for capital gain tax; a tax that an entity pays on capital gains- that is, gains arising from...

A tax that an entity pays on capital gains- that is, gains arising from selling an asset/ investment that has...

A taxation principle which maintains that the amount of taxes should vary with the levels of wealth or income. That...

It stands for accelerated cost recovery system; a system of asset depreciation, for tax purposes, that determines the rate of...

A system of depreciation that entails higher depreciation expenses in the early years of the life of an asset, for...

A system of asset depreciation, for tax purposes, that determines the rate of appreciation for an entity's assets. It involves...

The risk that arises from a business' inability to understand the tax environment(s) in which it operates. This, in turn,...