Asset Taxation

Wealth Tax
A wealth tax is an annual levy on the total value of personal assets, which may include stocks, bonds, real estate, and other types of property. This tax is designed to address wealth inequality by taxing individuals based on their net worth rather than their income.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.