Examlex
Which of the following is NOT one of the main components of a global mind-set?
Taxable Income
The sum of earnings that determines the tax liability of a person or business to the government, once all deductions and exemptions have been applied.
Charitable Contribution
A donation or gift to a non-profit organization or charity that is often tax deductible for the donor.
Net Income
The amount of money left after all expenses, taxes, and deductions have been subtracted from a company's total revenue.
Separately Stated Items
Items on a partnership or S corporation tax return that are passed through to the owners or shareholders separately from ordinary income.
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