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MATCHING
-Orientation that is wider than tall
Tax Evasion
The illegal practice of not paying taxes by not reporting income, reporting expenses not legally allowed, or by not paying taxes owed.
Corporate Profits Tax
A tax imposed on the income or profit earned by corporations.
Equilibrium
A state of balance or stability within a system, where all forces acting upon the system are equal and opposite, leading to no net change.
Tax Incidence
The study of who ultimately bears the burden of a tax, which can differ from who the tax is initially levied upon.
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