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Taxing Entities
Taxing entities are government bodies or jurisdictions with the authority to impose taxes on individuals, property, income, or transactions within their domain.
Inputs
Resources used in the production process, including raw materials, labor, and capital.
Outputs
The products, services, or results generated from an organization's processes, systems, or activities.
Corporations
Legal entities that are separate from their owners, with rights and liabilities distinct from those of its shareholders, and can enter contracts, own assets, and pay taxes.
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