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The first intelligence tests were developed as part of education reforms in:
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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