Examlex
What are your rights at an IT user?
Income Tax Rate
The percentage at which an individual or corporation is taxed on their income, varying depending on income levels and jurisdictions.
Income Taxes Payable
The amount of income tax a company owes to the tax authorities but has not yet paid.
Pre-Tax Book Income
The income of a company before taxes are deducted, as reported in its financial statements following accounting principles, but without considering tax expenses.
Tax Depreciation
The deduction of a fixed asset's costs over its useful life for tax purposes, reducing taxable income.
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