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  2. Current account (balance of payments) - Wikipedia

    en.wikipedia.org/wiki/Current_account_(balance...

    It is defined as the sum of the balance of trade (goods and services exports minus imports), net income from abroad, and net current transfers. A positive current account balance indicates the nation is a net lender to the rest of the world, while a negative current account balance indicates that it is a net borrower from the rest of the world.

  3. Balance of payments - Wikipedia

    en.wikipedia.org/wiki/Balance_of_payments

    The current account shows the net amount of a country's income if it is in surplus, or spending if it is in deficit. It is the sum of the balance of trade (net earnings on exports minus payments for imports), factor income (earnings on foreign investments minus payments made to foreign investors) and unilateral transfers. These items include ...

  4. Net foreign assets - Wikipedia

    en.wikipedia.org/wiki/Net_foreign_assets

    In economics, the concept of net foreign assets relates to balance of payments identity.. The net foreign asset (NFA) position of a country is the value of its net claims on the rest of the world (RoW), i. e. the value of the assets that country owns abroad, minus the value of the domestic assets owned by foreigners:

  5. List of American countries by monthly average wage - Wikipedia

    en.wikipedia.org/wiki/List_of_American_countries...

    The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .

  6. Net national income - Wikipedia

    en.wikipedia.org/wiki/Net_national_income

    Net national income encompasses the income of households, businesses, and the government. Net national income is defined as gross domestic product plus net receipts of wages , salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure ...

  7. Do I Need to Report Foreign Income on My Taxes? - AOL

    www.aol.com/finance/required-report-foreign...

    Continue reading → The post How to Report Foreign Income Without a W-2 appeared first on SmartAsset Blog. As a U.S. citizen or legal permanent resident, the IRS is in charge of collecting a cut ...

  8. International taxation - Wikipedia

    en.wikipedia.org/wiki/International_taxation

    In the vast majority of countries, citizenship is completely irrelevant for taxation. Very few countries tax the foreign income of nonresident citizens in general: Eritrea taxes the foreign income of its nonresident citizens at a reduced flat rate of 2% (income tax rates for local income are progressive from 2 to 30%).

  9. Balance of trade - Wikipedia

    en.wikipedia.org/wiki/Balance_of_trade

    The balance of trade forms part of the current account, which includes other transactions such as income from the net international investment position as well as international aid. If the current account is in surplus, the country's net international asset position increases correspondingly.