Examlex
A partner's basis in the partnership interest is decreased by his or her share of the capital gains incurred by the partnership.
Office of Advocacy
A governmental entity that represents the views and concerns of small businesses before federal agencies and Congress.
Thomas Friedman
An American journalist and author known for his work on globalization, international affairs, and environmental issues.
The World is Flat
"The World is Flat" is a concept popularized by Thomas Friedman, suggesting that global technological advancements and interconnectedness have leveled the economic playing field across nations.
Traditional Value Chains
The sequential process of adding value to raw materials through various stages of production, leading to finished products ready for the consumer market.
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Q153: The earned income tax credit is available