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The major difference between a matrix structure and a team structure is that a team structure:*
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in net profit or loss.
Tax Bracket
Where each line of the tax schedule has an increasing percent based on increasing income.
Taxable Income
Income subject to tax, after deductions and exemptions, according to the law.
Joint Taxable Income
The total taxable income jointly reported by a married couple or partners filing a combined tax return.
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