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
Owner-Occupant
A property’s resident who also holds the title to that property.
Buy a Spread
Options strategy in which an investor purchases an option purchases an option at a fixed premium and a different strike price. This is profitable i ...
Pledge Fund
A fund whereby members work towards a specific investment goal. They will make contributions into the pool all over a specific period of time.
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Net Tangible Assets
It is calculated as the company’s total assets, less any intangible assets such as patents, trademarks, and goodwill, minus all liabilities a ...
Gross Production Tax
State tax levied on companies generating revenues by depleting non-renewable resources. Firms include producers of oil and gas, as well as miners o ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
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 ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Industrial production | Aug | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Retail Sales | Aug | |
| 04:00 | Unemployment Rate | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 14:30 | Foreign Securities Purchases | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter |
