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finance

what does cit stand for in finance

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what does cit stand for in finance

what does cit stand for in finance CIT stands for Corporation Income Tax. So, companies gotta pay it when they make money. Governments need this tax to build roads, run schools, and do other stuff. You know, like public services? A company that makes a profit is required to pay CIT. Without this, governments won’t … Read more

cit finance meaning

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CIT in finance? Well, that stands for “Corporation Income Tax.” You know, the tax that companies pay on the money they make. It’s a big part of how governments get funds to spend on things like schools, roads, and hospitals. Businesses, large or small, owe this tax if they’re making profit. Companies gotta file returns, … Read more