After-tax proceeds from resale refer to the amount of money left for the investor after accounting for all transaction obligations and personal income taxes on the transaction.
A direct seller is a person engaged in the trade or business of selling consumer products directly to the end customer either for personal consumption or resale, often through home-based businesses or personal networks.
This concept outlines the specific circumstances under which a subsidiary may be excluded from consolidation in a parent company's financial statements under the Financial Reporting Standard Applicable in the UK and Republic of Ireland. This ensures the financial statements provide a true and fair view.
