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Investments glossary

Corporate Tax


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(The drugs) cause a reduction in the parasite so when the mosquito bites the person it doesn\'t transmit the disease.

— Neeraj Mistry

A corporate tax is a levy placed on a firm’s profit by the government. The money collected from corporate taxes is used as a nation’s source of income. A firm’s operating earnings are calculated by deducting expenses, including the cost of goods sold (COGS) and depreciation from revenues. Next, tax rates are applied to generate a legal obligation that the business owes the government.


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