ABILITY-TO-PAY TAXATION
A taxation in a form of a progressive tax. The principle of ability-to-pay in taxation states that taxes should be levied in accordance to the taxpayer's capability to pay. This progressive taxation approach puts additional tax burden on corporations, companies,trust and certain estates, partnerships, and individuals with higher incomes. The theory that relies within this concept is that individuals who earn more money have the capability to pay more in taxes.
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Qualified Opinion
Qualified opinions are done by professional auditors. These are written statements upon the front page of an audit.
IRS Publication 910
A document that gives information on the free resources the agency offers. Published by the Internal Revenue Services (IRS), it identifies many of ...
SEC Form N-8F
SEC Form N-8F is also referred to as the Application for Deregistration of certain Registered Investment Companies. This means SEC Form N-8F is a f ...
Independent Contractor
Self-employed taxpayer that renders some services to a second party called principal or a third party on behalf of the client. This individual regu ...
Frictionless Market
A theoretical trading environment where all costs and restraints associated with transactions are non-existent.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | Home Loans | Oct | |
| 07:00 | Economy Watchers Survey | Nov | |
| 08:30 | BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks | ||
| 08:30 | BOC Deputy Governor Timothy Lane Speaks | ||
| 08:45 | Unemployment Rate | Nov | |
| 09:00 | Trade Balance | Oct | |
| 11:00 | Industrial Production | Oct | |
| 11:30 | GDP | Oct | |
| 11:30 | Industrial Production | Oct |
