What Is Considered A Windfall?
What Is Considered A Windfall?
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Maitya
Usually windfall is regarded to a type of profit and is called a windfall gain or windfall profit which is further described as any kind of unusually high or abundant income that is sudden and unexpected. In businesses and companies this can lead to high profits and can also settle them to pay some tax on it. This kind of windfall gain is often the result of an inheritance, lawsuit settlement, property sale, salary bonus, or even a winning lottery ticket.