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.
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Applied Overhead
Under the method of cost-accounting, it records applied overhead which is the fixed charge to a department in a company or specific job production. ...
Currency Substitution
Replacing the domestic currency with a foreign currency in a transaction. Governments and citizens of developing nations have used foreign currenci ...
Black Tuesday
The Dow Jones Industrial Average lost 12% or over 16 million shares in a panic selloff on October 29. 1929.
Deductible
An amount subtracted from an individual's adjusted gross income to reduce the amount of taxable income. The amount you have to pay out-of-pocke ...
Jeffrey Sachs
An American economist and Director of the Earth Institute. Sachs also teaches sustainable development and health policy and management at Columbia ...
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Ethical Investing: Its Advantages and Disadvantages
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Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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 |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
