Double taxation

Double taxation is the imposition of two or more taxes on the same income (in the case of income taxes), asset (in the case of capital taxes), or financial transaction (in the case of sales taxes). It refers to two distinct situations:

See Also

SmallBusiness.com Glossary

Source

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Link to this page: "http://smallbusiness.com/wiki/Double_taxation"


 
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This page was created on Apr 11, 2006
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