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Transaction Gains
Refers to the profits realized from the buying and selling of assets or securities within a specific timeframe.
Tax Deductible
Expenses that can be subtracted from gross income to reduce the amount of income subject to tax.
Translation Losses
Financial losses resulting from converting the financial statements of a foreign subsidiary into the parent company's currency.
Foreign Governments
The governing bodies of nations other than one's own, which may interact through diplomacy, trade, and other forms of engagement.
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