Those enterprises whose term of operation less than 10 years are exempt from income tax for the first two profit-making years.

经营期限不足十年的，从获利的年度起，第一、二年免征所得税。

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When carrying out final settlement in respect of such enterprise each year, the competent tax authority shall review changes in the content of its business and term of operation, etc.

各主管税务机关在每年对这类企业进行汇算清缴时，应对其经营业务内容和经营期限等变化情况进行审核。

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I've also used the term operation for Web requests, thus distinguishing them from the many other kinds of requests an application might make (e.g., database requests).

我还用术语操作表示Web请求，以便把它与应用程序可能产生的其他请求(例如，数据库请求)区分开。

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Importantly, hedge funds have evolved in recent decades as a natural result of long-term changes in the structure and operation of the financial markets.

FORBES: The Simple Truth about Hedge Funds

It is now unclear if the European Central Bank will roll out another round of its long-term refinancing operation (LTRO).

FORBES: Greek Election Fever Hits Wall Street Monday

The momentum looks likely to continue, particularly because the ECB will conduct a second offering of three-year loans to banks, known as a long-term refinancing operation, or LTRO, at the end of February.

WSJ: Greek Vote Could Reignite Emerging-Market Currencies