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Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government.
Income Tax
A tax imposed by the government on individuals or entities' income, varying according to income level and filing status.
After-Tax Profits
The net income a company retains after all taxes have been deducted from total revenue.
Board of Directors
A group of individuals elected by shareholders to oversee and make strategic decisions for a company.
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