Purchase Price.

The purchase price is the price at which an asset is bought. It is usually lower than the selling price, which is the price at which the asset is sold. The difference between the purchase price and the selling price is called the profit or loss. What is bid buying? Bid buying is the act … Read more

Definition of Tax Evasion

The concept of tax evasion, tax evasion or tax evasion is used to define non-payment voluntarily and consciously of the taxes established by law. Tax evasion is, therefore, an illegal act based on concealing assets or economic income with the aim of paying less taxes or, failing that, not paying them in full. With this, … Read more