TAX ARBITRAGE
Act of profiting from the differences in the way income or capital gains are taxed. Tax codes’ complicated nature frequently allows for many incentives, pushing individuals to restructure their transactions in the most advantageous way to minimize the amount of tax to be paid.
POPULAR TERMS
Direct Repurchase
It is the buying of share in a publicly-traded company by the company itself. It reduces the number of shares outstanding, thereby inflating (posit ...
Adjusted Present Value - APV
A business NPV or Net Present Value in case it is financed exclusively by equity along with any financing advantage (the supplementary effects of d ...
Coskewness
Statistical measure used in computing the symmetry of a variable’s probability distribution relative to another variable. Given that all thin ...
Rule Of 78
A method of allocating the interest charge on a loan across its payment periods. Under the Rule of 78, periods are weighted by comparing their nume ...
Gilts
Bonds issued by the British government considered low risk. It is equivalent to US Treasury securities. The term stemmed from the original British ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
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 ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | KOF Economic Barometer | Mar | |
| 09:00 | CPI | Mar | |
| 10:30 | Net Lending to Individuals | Feb | |
| 10:30 | M4 Money Supply | Feb | |
| 10:30 | Mortgage Approvals | Feb | |
| 11:00 | Consumer Confidence | Mar | |
| 14:00 | CPI | Mar | |
| 14:00 | Harmonized CPI | Mar | |
| 16:00 | Pending Home Sales | Feb |
