by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
Update Table of Contents What is Conduit Theory?How Does Conduit Theory Work? Different Conduit EstablishmentsMutual Funds Conduit TheoryAcademic Research on Conduit Theory What is Conduit Theory?Conduit Theory, which is also known as pipeline theory, is a financial...
by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
What is a Withholding Tax?Withholding tax refers to an amount an employer withholds from employees salaried income and submits directly to the federal taxing authorities. Levying of withholding tax takes place at the time of the disbursement of the employees income....
by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
What is Estate Tax?An estate tax is a government levied tax on any inheritance or portion of an inheritance if its total value surpasses what is termed as tax exclusive inheritance by law. Estate taxes are mostly charged to the heirs of a deceased, but in a case where...
by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
What is Double Taxation?Double taxation is a term used to define taxing an income twice. In financial terms, double taxation refers to paying two income taxes on the same source of income. It generally occurs in a situation where the earned income is taxed at the...
by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
What is a Gift Tax?A gift tax is a type of federal tax where an individual transfers anything valuable to another person when the person is still alive, for the purpose of reducing tax. To consider something as a gift, what the gift receiver pays the donor should be...
by TheBusinessProfessor | Feb 23, 2025 | Business Taxation
What is a Federal Tax Lien?Federal tax lien exists only after the assessment and publications of a taxpayers debt details by the Internal Revenue Service (IRS). The publication serves as a notice to liens, and he or she must make the payments. Federal tax liens apply...
