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Investments glossary

Double Taxation


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Quotes of the day:

Chains are chains even if made of gold, they just tie you.

— Patrick Mahony

Double taxation is a tax principle referring to income taxes paid twice on the same source of income. It can occur when income is taxed at both the corporate level and personal level. Double taxation also occurs in international trade or investment when the same income is taxed in two different countries. It can happen with 401k loans.


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