GRANTOR TRUST RULES
Guidelines stating if the grantor has a reversionary interest higher than 5% of the total fund value, a trust is considered a grantor trust. In that case, the earnings from that trust will be taxed at the grantor’s income tax rate, not on the trust.
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Bullet Loan
Balloon loan paid at the end of the term. The loan will be refinanced to fulfill the balloon payment obligation.
One-Bank Holding Company
A one-bank holding company holds at least a quarter of a commercial bank’s voting stock. Companies of this type led to the formation of lever ...
Foreign Credit Insurance Association - FCIA
A voluntary agency that provides insurance for U.S. exporters. It was formed in 1961.
John Elkann
Chairman of Italian automaker Fiat, and Chairman and Chief Executive Officer of investment company Exor. Both companies are controlled by the Agnel ...
Expected Return
Amount an investor would expect on the return of an investment with various known or expected return rates. This is computed by getting the average ...
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 07:00 | Leading Indicators | Jul | |
| 08:00 | Industrial Production | Jul | |
| 09:00 | Foreign Currency Reserves | Aug | |
| 09:00 | Unemployment Rate | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 11:00 | GDP revised | 2 quarter |
