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Religion can be used as a powerful means of controlling society.
Deferred Tax Asset
A tax reduction amount that can be used to offset future tax liabilities.
Income Tax Rate
The fraction of income that individuals or businesses must pay as taxes.
Statutory Tax Rate
The tax rate prescribed by law that applies to income, sales, or other taxable activities.
Effective Tax Rate
The mean rate at which a person or company pays taxes, determined by dividing the total amount of tax paid by the taxable earnings.
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