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Lending standards and windfall tax

There’s a proverb in Malay called ‘durian runtuh.’ Briefly, it meant unexpected big profits. In one English word, it’s ‘windfall’. In the world of tax, there’s this tax called windfall tax. This is the explanation by Investopedia: Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to … Read moreLending standards and windfall tax

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