Make up for the missing part

[Pinyin] [d ǐ b ǐ]

Question 2: I don't quite understand the meaning of "deducting the tax payable in the current year with the annual credit line". Teacher, can you give an example? For example, in 2008, a domestic enterprise obtained an investment income of 600,000 yuan from the United States, and the overseas income tax rate was 40%. It had already paid enterprise income tax of 400,000 yuan overseas, with a credit line of (60+40) * 25% = 250,000 yuan, and the excess part was 40-25 = 15000 yuan.

If the investment income from the United States is still 800,000 yuan in 2009, but the income tax rate in the United States is reduced to 20%, and the corporate income tax of 200,000 yuan has been paid in the United States, the credit line is (80+20) * 25% = 250,000 yuan, and the paid 200,000 yuan is less than the credit line of 250,000 yuan. At this time, RMB 6,543,800+0,500, which exceeded the credit line in the previous year, was used to offset RMB 50,000.

Question 3: What do you mean by reconciliation? Chinese vocabulary, with verb attributes, indicates compensation for a period or personal mistakes.

Question 4: What does makeup mean? In other words, I will probably do something else for you to make up for the bad things I did before. Yes, I care.

Question 5: What do you mean by compensatory enterprise and Ponzi enterprise? All I know is Ponzi scheme.

This Baidu Encyclopedia makes it very clear that it is robbing Peter to pay Paul.

If there is money invested by a later person, interest will be paid to the person in front.

Question 6: What is the main difference between secured interest arbitrage and unsecured interest arbitrage?

Question 7: What does makeup mean? Remedy refers to an irreparable mistake made unintentionally by a person, and it is recovered by correct actions.

Question 8: What is the difference between offset interest rate parity and non-offset interest rate parity? Offset interest rate parity means that it can be offset in foreign exchange forward. Its economic meaning is that the forward exchange rate appreciation (discount) rate is equal to the difference between the interest rates of the two countries, high-interest currencies are discounted in the foreign exchange market, and low-interest currencies are discounted in the foreign exchange market.

The economic meaning of non-recurring interest rate parity is that the expected rate of forward exchange rate change is equal to the difference between the currency interest rates of the two countries.

Question 9: What does arbitrage mean? What does arbitrage mean? Arbitrage: buying and selling two different futures contracts at the same time Traders buy contracts that they think are cheap, and sell those high-priced contracts at the same time, benefiting from the changing relationship between the prices of the two contracts. In arbitrage, traders are concerned about the mutual price relationship between contracts, not the absolute price level. What role does arbitrage play in the futures market? The role of arbitrage trading in the futures market arbitrage trading plays two roles in the futures market: first, arbitrage provides investors with hedging opportunities; Secondly, it helps to restore distorted market prices to normal levels. There are three main types of arbitrage transactions: intertemporal arbitrage, cross-market arbitrage and cross-variety arbitrage. Intertemporal arbitrage is investors' prediction and trading of the relationship between commodity prices in different delivery months; Cross-market arbitrage is the prediction and trading of the price change relationship of the same commodity in different exchanges. Cross-variety arbitrage is investors' prediction and trading of the changing relationship between different but related commodity prices in the same delivery month. Arbitrage can be divided into two forms according to whether reverse trading is needed: carry arbitrage refers to the transfer of funds from a currency with low interest rate to a currency with high interest rate in order to obtain the differential income of interest rate. This kind of transaction does not need to be closed in the opposite direction at the same time, but it bears the risk of devaluation of high-interest currencies. Covered covered interest arbitrage refers to selling forward high-interest currencies in the foreign exchange market and transferring funds to countries or regions with high-interest currencies at the same time, that is, doing swap transactions while arbitrage to avoid exchange rate risks. In fact, this is hedging, and the general arbitrage hedging transactions are mostly arbitrage. Analysis of advantages and disadvantages of arbitrage trading The risk of arbitrage trading is small and the income is stable. For large funds, if they participate in unilateral heavy positions, they will face the disadvantages of high cost and high risk. On the contrary, if they are involved unilaterally, although the risk may be reduced, their opportunity cost and time cost are also high. Therefore, on the whole, it is difficult to obtain relatively stable and ideal returns if large funds are unilaterally heavy or unilaterally light. However, if large funds intervene in the futures market with long and short positions, that is, carry out arbitrage trading, which can not only avoid the risks faced by unilateral positions, but also obtain relatively stable returns. Uncovered interest arbitrage? No-carry arbitrage bears high interest rate depreciation. Non-covered interest arbitrage: also called Uncovered Arbitrage, refers to the transfer of funds from a currency with low interest rate to a currency with high interest rate in order to seek the differential income of interest rate. This kind of transaction does not need to be closed in the opposite direction at the same time, but it bears the risk of devaluation of high-interest currencies.