Examlex
The magnitude of the van der Waals "a" constant reflects the strength of the attractions between molecules of a given type of gas.
Tax Depreciation
The deduction of a tangible asset's cost over its expected life span, used to reduce taxable income.
Book Depreciation
The method of allocating the cost of a tangible asset over its useful life for accounting and tax purposes.
Tax Rate
The percentage at which an individual or corporation is taxed, which can vary based on income level, type of income, and other factors.
Current Tax Expense
The amount of income taxes a company is expected to pay in the current year, reflecting its taxable earnings.
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