Examlex
The declining balance method of amortization is appropriate for software or other assets where the value of the asset is derived mainly in the early years of the assets' life.
Federal Government
The national government of the United States, composed of three branches: legislative, executive, and judicial.
Lower-Level Governments
Administrative divisions within a country that operate below the level of the central government, such as states or provinces.
Direct Taxation
Taxes that are imposed directly on an individual's income or wealth, and on corporations' profits.
Tenth Amendment
An amendment to the U.S. Constitution that states powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
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