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Business portal. Money portal. v. t. e. An ad valorem tax ( Latin for "according to value") is a tax whose amount is based on the value of a transaction or of a property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ad valorem tax may also be imposed annually, as in the case of ...
Rental value can also be used in a divorce, separation, or annulment action for equitable distribution, in those states lacking Community property laws. [citation needed] Fair market rent in the US. Fair Market Rent in the US context is the amount of money that a given property would command, if it were open for leasing at the moment.
Rounding to a specified multiple. The most common type of rounding is to round to an integer; or, more generally, to an integer multiple of some increment – such as rounding to whole tenths of seconds, hundredths of a dollar, to whole multiples of 1/2 or 1/8 inch, to whole dozens or thousands, etc. In general, rounding a number x to a ...
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". [1] Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning ...
Effective gross income. Effective gross income is the relationship or ratio between the sale price of the value of a property [clarification needed] and its effective gross rental income . The anticipated income from all operations of the real property after an allowance is made for a vacancy and collection losses. [clarification needed ...
v. t. e. Basis (or cost basis ), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/ (saves) taxes on a capital gain / (loss) that equals the amount realized on the sale minus the sold property's basis. Cost basis is needed because tax is due ...
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