Examlex
Microwave ovens work mainly by exciting molecules of the substance named ______________.
Tax Rate
Tax rate refers to the percentage at which an individual or corporation is taxed by the government on their income or profits.
Income Tax Payable
The amount of income tax a company or individual owes to the government but has not yet paid at a specific date, found on the balance sheet.
Pre-Tax Book Income
Earnings of a business before taxes are deducted, as reported in its financial books.
Tax Depreciation
The allocation of an asset's cost over its useful life for the purposes of tax deductions, according to IRS rules and schedules.
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