Examlex
Intellectual property is always intangible personal property.
Net Working Capital
The variance between current assets and liabilities within a corporation.
Capital Gains
The profit from the sale of an asset such as stocks, bonds, or real estate that exceeds its purchase price.
Marginal Tax Rates
The rate at which the last dollar of income is taxed, indicating the impact of an additional dollar of income on tax liability.
Taxable Income
The amount of income subject to tax, after all deductions and exemptions have been subtracted from total income.
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