In this lesson, we’ll look at 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.
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In today’s Business English News lesson, we look at new methods of raising capital for startups.
Crowdfunding, the idea of gathering lots of small contributions from individuals to finance a company or a project, is one of the latest buzzwords to hit the business world. Born as a result of the economic crisis where access to financing from traditional sources is increasingly difficult, crowdfunding is another avenue to secure funds for entrepreneurial ventures; as This is Money explains:
Until recently, financing a business involved asking a few people for big sums of money. Crowdfunding is turning this idea on its head, using the Internet to help entrepreneurs talk to thousands – if not millions – of potential funders who each contribute a small amount.
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In this Financial English vocabulary lesson, we’ll learn how stocks trade at a certain level, how they close at the end of the day, and how investors bid on shares. This may involve strategies such as short selling and flash trading. We will also cover ideas such as bear markets and bull markets and find out what a blue chip stock is.
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In this lesson, we’ll look at financial English vocabulary related to stocks and shares, which are one of several types of securities that are listed on exchanges. We’ll explore ideas such as brokers and brokerages, as well as stock indexes, initial public offerings, or IPOs and dividends.
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Get ready to test your Business English vocabulary knowledge for economics.
You can review all the vocabulary featured in this quiz in these lessons:
