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  2. Wealth tax - Wikipedia

    en.wikipedia.org/wiki/Wealth_tax

    A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses , financial securities , and personal trusts (a one-off levy on wealth is a ...

  3. Corporate finance - Wikipedia

    en.wikipedia.org/wiki/Corporate_finance

    Working capital management is the management of the company's monetary funds that deal with the short-term operating balance of current assets and current liabilities; the focus here is on managing cash, inventories, and short-term borrowing and lending (such as the terms on credit extended to customers).

  4. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Mortgage insurance is a form of credit insurance, although the name "credit insurance" more often is used to refer to policies that cover other kinds of debt. Many credit cards offer payment protection plans which are a form of credit insurance. Trade credit insurance is business insurance over the accounts receivable of the insured. The policy ...

  5. Capital gains tax - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax

    Individuals paid capital gains tax at their highest marginal rate of income tax (0%, 10%, 20% or 40% in the tax year 2007/8) but from 6 April 1998 were able to claim a taper relief which reduced the amount of a gain that is subject to capital gains tax (thus reducing the effective rate of tax) depending on whether the asset is a "business asset ...

  6. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Taxpayers who have paid AMT in prior years may claim a credit against regular tax for the prior AMT. The credit is limited so that regular tax is not reduced below current year AMT. AMT is imposed at a nearly flat rate (20% for corporations, 26% or 28% for individuals, estates, and trusts) on taxable income as modified for AMT.

  7. Al Franken - Wikipedia

    en.wikipedia.org/wiki/Al_Franken

    Franken said he paid the income tax in his state of residence, and he would seek retroactive credit for paying the taxes in the wrong state. [59] U.S. Senate [ edit ]