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Investments glossary

Taxation

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Quotes of the day:

A homosexual who is honest with himself knows that he and his partner will never become parents together, dRINK, DRUGS AND SEX.

— Paolo Gentili

Taxation is a term for when a taxing authority, usually a government, levies or imposes a tax. The term taxation applies to all types of involuntary levies, from income to capital gains to estate taxes. Though taxation can be a noun or verb, it is usually referred to as an act; the resulting revenue is usually called taxes.

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