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Capability Library




Related Terms:

Taxation is the process of calculating and paying taxes to government authorities. This includes understanding tax laws and regulations, calculating tax liability, and filing tax returns.

Beginner competence definition

Beginner-level professionals understand the basic concepts of taxation, including the importance of compliance with tax laws and regulations.

Intermediate competence definition

Intermediate-level professionals have the ability to calculate tax liability and prepare and file tax returns.

Advanced competence definition

At an advanced level, professionals have an in-depth understanding of tax laws and regulations, including the ability to identify and take advantage of tax planning opportunities.


Financial risk management


Regulatory compliance

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