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What does Demographic Transition Theory say happens to population in its second stage, and why? What is the sociological explanation for this change?
Operating Loss Carryforward
A tax provision that allows businesses to apply current year's operating losses to future profits for tax relief.
Taxable Income
Income of an individual or corporation subject to tax by governmental authorities.
Financial Income
Income generated through investments or other financial instruments, distinct from operational or business income.
Deferred Tax Asset
An accounting term representing taxes that have been overpaid or deferred for future periods, potentially reducing future tax liabilities.
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