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  2. Earnings before interest, taxes, depreciation and amortization

    en.wikipedia.org/wiki/Earnings_before_interest...

    A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, [1] pronounced / ˈ iː b ɪ t d ɑː,-b ə-, ˈ ɛ-/ [2]) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset ...

  3. Earnings before interest and taxes - Wikipedia

    en.wikipedia.org/wiki/Earnings_before_interest...

    A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization and EBIT), and then determines the optimal use of debt versus equity (equity value).

  4. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Goods and Services Tax (GST) is a national sales tax introduced in 1991 at a rate of 7%, later reduced to 5%. A Harmonized Sales Tax (HST) that combines the GST and provincial sales tax, is collected in New Brunswick (15%), Newfoundland (15%), Nova Scotia (15%), Ontario (13%) and Prince Edward Island (15%), while British Columbia had a 12% HST ...

  5. Tax return - Wikipedia

    en.wikipedia.org/wiki/Tax_return

    It is a tool that reports and provides information about the additional calculations and other amounts stated in the tax return. [17] Tax schedules are used by both taxpayers and taxation authorities such as the IRS. Simple tax returns can be filed using the Form 1040 whereas complex tax returns additionally require a tax schedule to be ...

  6. Sales taxes in Canada - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_Canada

    There is a 5% tax on lodging and 5% tax on hotel room fees. New Brunswick: HST: 10: 15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [6] Newfoundland and Labrador: HST: 10 15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [7] Northwest Territories: GST: 0: 5 Nova Scotia ...

  7. Is Car Loan Interest Tax Deductible? - AOL

    www.aol.com/car-loan-interest-tax-deductible...

    Car loan interest is tax deductible only if you use the car for business. Before you claim the deduction, make sure your car-related expenses qualify and track down all supporting documentation.

  8. The mortgage interest deduction could save you thousands on ...

    www.aol.com/finance/mortgage-interest-deduction...

    The home mortgage interest deduction can help some filers maximize their tax refund. ... on your tax filing status. For tax year 2024—return you will file in 2025—the standard deduction ...

  9. Mortgage Interest Deduction: Limits and How It Works - AOL

    www.aol.com/finance/mortgage-interest-deduction...

    To understand how it works, take a look at this mortgage interest deduction example: If you purchase a $400,000 home with a 20% down payment and take out a 30-year, fixed-rate loan with a 7% ...

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