TRUE VALUE Definition

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TRUE VALUE is the amount that a buyer is finally willing to pay.

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TOTAL ASSETS is the total of all assets; both current and fixed.

WITHOLDING, dependent upon application, is: a. income tax withheld from employees wages and paid directly to the government by the employer; or, b. a tax deducted from dividends on investments which are paid to foreign investors. This can be claimed back if there is a Double Taxation Agreement in place between the countries. See WITHHOLDING TAX.

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