What is Double taxation? : Abaara fun facts and uncommon knowledge

Abaara topic: Double taxation

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Abaara topic: Double taxation

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Double taxation

Double taxation is a situation in which two or more taxes must be paid for the same asset or financial transaction. It can occur between two countries (or governments in the same country) due to overlap between their tax laws. It can also happen when someone receives money only to pass it on to someone else, as with income tax on corporate dividends.

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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License

Page topic: Double taxation