INCOME TAX PAYABLE
Account in the current liabilities section of a firm’s balance sheet, which receives funds to settle tax obligations within a year. It is computed based on the prevailing tax law in the firm’s home country, which may fluctuate or increase.
POPULAR TERMS
Death Knell Stocks
It is the share of a publicly traded company wherein the company is on the verge of insolvency or bankruptcy. A death knell stock typically trades ...
Indirect Rollover
Process of transferring assets from a tax-deferred 401(k) plan to a conventional individual retirement account (IRA). In indirect rollover, the fun ...
Eligible Automatic Contribution Arrangements - EACAs
Part of the Pension Protection Act of 2006 which encourage more employee participation in self-funded specified contribution retirement plans. Like ...
London Metal Exchange - LME
Commodities exchange based in London, England which trades non-ferrous metal and plastics. Aluminum, copper, and zinc are the contracts traded in t ...
Credit Shelter Trust - CST
Trust allowing a married investors to evade estate taxes when relinquishing assets to their inheritors. It is designed in such a way the assets sta ...
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SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Feb | |
| 13:00 | Bundesbank Monthly Report | ||
| 02:30 | Monetary Policy Meeting Minutes | ||
| 09:00 | Trade Balance | Jan | |
| 11:00 | Current Account (sa) | Dec | |
| 11:30 | Average Earnings Index | Dec | |
| 11:30 | Claimant Count Rate | Dec | |
| 11:30 | Claimant Count Change | Jan | |
| 12:00 | ZEW Survey (Econ. Sentiment) | Feb |
