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Evaluate the absolute value expression.
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Taxable Gain
The portion of income or profit on which taxes must be paid, often related to investments or capital assets.
Schedule M-1
A form used by corporations in the United States to reconcile financial statement income with taxable income.
Net Income Per Books
The profit or loss reported by a company in its financial statements, calculated after all expenses and taxes have been accounted for.
Tax Law
The body of laws and regulations governing the administration and enforcement of tax duties on individuals, corporations, and other entities.
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