Examlex
A contract can include a provision stating that no damages can be recovered for certain types of breaches.
Corporate Income Taxes
Taxes imposed on the income or profit earned by corporations and are calculated based on the tax laws of the country in which the corporation is located.
Canada Revenue Agency
The federal agency responsible for administering tax laws and various social and economic benefit and incentive programs delivered through the tax system in Canada.
Tax Exempt
Describes income, property, or transactions that are legally free from tax liability.
Common Equity
The amount of ownership in a corporation that is held by common shareholders, represented by the value of common stock plus retained earnings.
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