Examlex
Define an electrolyte.
Capital Gains
The profit from the sale of an asset such as stocks, bonds, or real estate that exceeds its purchase price.
Marginal Tax Rates
The rate at which the last dollar of income is taxed, indicating the impact of an additional dollar of income on tax liability.
Taxable Income
The amount of income subject to tax, after all deductions and exemptions have been subtracted from total income.
CCA Rate
Stands for Capital Cost Allowance rate, which is the rate at which a business can claim depreciation on capital assets for tax purposes in Canada.
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