VV 41 – Financial Vocabulary: Corporate Taxes 1

VV 41 – Financial Vocabulary: Corporate Taxes 1

In this Video Vocab lesson, we look at English vocabulary for taxes, particularly corporate income tax, which US businesses pay to the Internal Revenue Service, or IRS. Companies must file a return with the IRS every fiscal year. On their returns, companies declare revenue and capital gains and pay a certain tax rate based on those earnings.

Download Video: VV 41 – Taxes (Part 1)

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