VV 41 – Financial Vocabulary: Taxes 1 (Audio)


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This is a temporary post until the video is available on Monday.

In this lesson, we’ll look at taxes, particularly corporate income tax, which US businesses pay to the Internal Revenue Service, or IRS. Companies must file a return with the IRS every fiscal year. On their returns, companies declare revenue and capital gains and pay a certain tax rate based on those earnings.

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