Examlex
Water-soluble soils contain petroleum by-products derived from crude oil including tar, road oil, engine oil, gasoline, diesel fuel, grease, and engine oil additives.
Double Taxation
The imposition of two or more taxes on the same income, asset, or financial transaction, often referring to income taxed both at the corporate level and personally.
Excessive Taxation
Taxing beyond what is fair or reasonable, often perceived as placing undue burden on taxpayers.
S Corporation
A specialized form of corporation in the United States that allows income to be passed through to shareholders for federal tax purposes, avoiding double taxation.
Profit Distributions
The sharing of earnings among the shareholders of a company, often in the form of dividends.
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