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Describe the organisation's stakeholders.
Recognize Income
Recognize income refers to the point in time when income is considered earned and must be reported for tax purposes.
Tax-exempt
Income or transactions that are legally excluded from taxation.
Economic Benefit
The advantage or gain received from a financial transaction or situation, which may have tax implications or influence fiscal decisions.
Nontaxable Return of Capital
A payment received from an investment that is not taxed because it is considered a portion of the original investment's cost being returned to the investor.
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