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Rachelle owns an enterprise along with her brother, Ryan. closing yr, their company earned earnings of $two hundred,000. Rachelle paid taxes on her $100,000 share on her individual tax return due to A (wrong) C (wrong) D (maybe).
A tax return is a shape or form filed with a tax authority that reports profits, expenses, and different pertinent tax records. Tax returns permit taxpayers to calculate their tax legal responsibility, timetable tax bills, or request refunds for the overpayment of taxes.
Profits Tax go back (ITR) is a shape that someone is meant to publish to the Income Tax department of India. It includes records about the man or woman's profits and the taxes to be paid on it all through the yr.
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Rachelle paid taxes on her share of $100,000 on her personal tax return because she and her brother have a partnership to pass-through taxes.
One of the arguments for greater social responsibility is that business leaders are primarily accountable to business owners and therefore need to be concerned with getting a return on their investment. That's what it means.
A comparative advantage is being able to manufacture a particular product more efficiently than any other country. Importing means purchasing raw materials and products from other countries and importing them into your own country. Exporting is the act of selling raw materials and products and shipping them to other countries.
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