Term: Double Taxation
Definition:When the government taxes the same income more than once. For example, double taxation occurs when a company's profits are taxed, and then when any portion of these profits are distributed to stockholders, the profits are taxed again.
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Course | Page Number |
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42 - Accumulated Earnings and Deferred Compensation | 18 |
92 - Expatriate Compensation | 13 |
42 - Accumulated Earnings and Deferred Compensation | 2 |
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