Examlex
What is the correct spelling of the term for webbed fingers or toes?
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income.
CCA Class
Refers to the classification system for capital cost allowance purposes in Canada, determining the rate at which assets can be depreciated for tax purposes.
Marginal Tax Bracket
The tax rate that applies to the final dollar of taxable income for a person or organization.
Erosion Cost
Costs that occur when a new project or investment negatively affects the revenues or profits of existing projects.
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