Examlex
If a nation has an unfavourable balance of trade, it also has an unfavourable balance of payments.
Tax Rate
The percentage at which income or profits are taxed by the government.
Income Tax Liability
The amount of tax owed to the government for earnings made during a fiscal period.
Operating Income
The profit earned from a firm's core business operations, excluding deductions of interest and tax.
Tax Rate
The percentage at which an individual or corporation is taxed.
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