Examlex
What is the basic formula for cost-based pricing?
Elect
To choose or decide on a particular option or choice, commonly referring to making tax-related selections on a return.
Net Capital Loss
It's the loss incurred when the total capital losses from investments exceed the total capital gains for a year.
Capital Loss Carryforward
A tax provision that allows investors to use a net capital loss in one year to offset future capital gains for tax purposes.
Net Capital Gains
The profit from the sale of assets or investments after subtracting any losses, important for tax calculations.
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