Examlex
Match each item with the correct statement below.
-oscillating atoms in a blackbody have this quantized
Double Taxation
The levy of tax by two or more jurisdictions on the same declared income (in the case of income taxes), asset (in the case of capital taxes), or financial transaction (in the case of sales taxes).
Tax Base
The assessed value of all taxable income, property, assets, or other items that a government can tax.
Income Tax
A tax levied by governments on individuals or entities based on their income or profits.
Saving Rate
The portion of income that is not spent on consumption but rather saved or invested.
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