STANDARD DEDUCTION
Standard deduction is a method that may be used by taxpayers if the itemized deduction in the taxable income calculation is not used. In this method, the income’s base amount not subject to tax may be used to cut down the adjusted gross income (AGI) of the taxpayer. The standard deduction amount will depend on several factors involving the taxpayer such as filing status, the age, the disabilities, if there are any, the dependency on other taxpayer.
POPULAR TERMS
Syndicate
Professional lenders or underwriters grouped to facilitate a huge transaction that is difficult or impossible to be handled by an entity alone. Syn ...
Foreign-Exchange Risk
The risk of the value of an investment changing due to changes in currency exchange rates.
Outright Futures Position
It is a long or short trade on an underlying futures contract that has a potential for unlimited profits, but may also carry risk for unlimited los ...
Annual
An event that takes place once a year. The annual reports or events may include shareholder meetings, taxes, and corporate filings such as a 10-K. ...
Demand Note
A loan with no fixed term or set duration of repayment. It can be recalled upon the lenders request, assuming the notice required by the provisions ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Wholesale Price Index | Aug | |
| 10:00 | Quarterly Unemployment Rate | 2 quarter | |
| 20:00 | Federal Budget Balance | Aug | |
| 02:00 | RBA Assistant Governor Luci Ellis Speaks | ||
| 03:30 | House Price Index | 2 quarter | |
| 03:30 | NAB Business Confidence | Aug | |
| 04:45 | RBA Governor Philip Lowe Speaks | ||
| 06:30 | Industrial Production | Jul | |
| 08:00 | Claimant Count Change | Aug |
