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A gross-up clause is also used when a payment that is made will be subject to taxes and the payer makes an additional payment to indemnify the recipient against the taxes – that payment will also be subject to tax. The sequence of additional payment, tax calculation, additional payment continues until the recipient receives the same amount ...
In the insurance industry, gross premiums written is the sum of both direct premiums written (see next paragraph) and assumed premiums written, before deducting ceded reinsurance. Direct premiums written represents the premiums on all policies the company's insurance subsidiaries have issued during the year.
Definition Example Rate cut: A reduction in the fraction of the taxed item that is taken. An income tax rate cut reduces the percentage of income that is paid in tax. Deduction: A reduction in the amount of the taxed item that is subject to the tax: An income tax deduction reduces that amount of taxable income. Credit: A reduction in the amount ...
Catherine, Princess of Wales, turns 43 on Jan. 9 and received a sweet message from her husband, Prince William. “To the most incredible wife and mother. The strength you’ve shown over the last ...
"The Giants are not going to give up their pick," Sanders said. Following his prediction, Jones asked what will happen if the Giants pick Shedeur first overall and the Raiders are next at No. 2.
Global efforts to address climate change will be dealt a severe blow if U.S. President-elect Donald Trump again pulls the country out of the Paris Agreement, the EU's head of climate change policy ...
English eight, from Old English eahta, æhta, Proto-Germanic *ahto is a direct continuation of Proto-Indo-European *oḱtṓ(w)-, and as such cognate with Greek ὀκτώ and Latin octo-, both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective octaval or octavary, the distributive adjective is octonary.
Power up the protein: When possible, Koszyk recommends choosing a soup with roughly 10 grams of protein per serving. If your favorite soup has less than 10 grams, try adding a low-sodium, lean ...