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A recent review concluded that ECT can result in structural damage to the brain.
Taxable Income
The portion of an individual's or entity's income that is subject to taxation by governmental authority after deducting allowable deductions.
Lump-Sum Tax
A tax that is of a fixed amount and does not vary with the taxpayer’s income level or asset value.
Consumption Tax
A levy imposed on the acquisition of goods and services, charged at the time of purchase.
Income Tax
A charge imposed by authorities on the earnings of individuals and enterprises operating within their territory.
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