Examlex
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government.
Tax Benefit
A financial advantage that results from specific tax laws or regulations, allowing for reductions in tax liability.
Avoidance
A legal principle that allows a party to cancel or annul a contract under certain conditions.
Profit Distributions
The allocation of a portion of a company's earnings to its shareholders, typically in the form of dividends or share buybacks.
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