Instructions: Please use this outline map of Europe to answer the question(s).
-Mark the boundaries of the French empire under the rule of Napoleon in 1810.
Definitions:
Deductibility
The ability of an expense to be subtracted from gross income, reducing taxable income and the amount of tax owed.
Investment Interest Expense
Interest paid on money borrowed to purchase taxable investments, potentially deductable up to the amount of net investment income.
Net Investment Income
The income received from investment assets (like dividends, interest, and capital gains) after deducting related expenses.
Borrowed Funds
Money that has been loaned to a borrower, which must typically be repaid with interest.
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