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The American tax code is notoriously complicated and full of threats, as well as opportunities. While we spend time and effort to understand our different options when it comes to financial planning, we must also take actions to maximize our individual "tax efficiency". The tax code provides many so called "loopholes", which are simply tax codes that try to encourage certain actions or favor certain constituents. Sidestepping the question if such loopholes are right or wrong, we must acknowledge their existence and try to understand the tax code and use it in our favor, just like we would with any other financial product.
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Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
This report is specific for a core understanding for Financial Accounting and its relevant factors.
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