ADVANCE DETERMINATION RULING - ADR
An Internal Revenue Service's ruling or decision issued to a taxpayer with a regard to a pricing matter or taxation. Normally, IRS usually address transactions that have already occurred on its determination letters, they may also be given on the tax consequences of proposed transactions thus arriving to the term "advance." It is also referred as "Advance Pricing Agreement."
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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