Corporation tax definition: a British tax on the profits of a company or other incorporated body. See examples of CORPORATION TAX used in a sentence.
Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? Popular in Wordplay See All Top 12 Sophisticated Compliments Word of the Year 2024 | Polarization Terroir, Oenophile, & Magnum: Ten Words About Wine ...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Top 12 Sophisticated Compliments Word of the Year 2024 | Polarization Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments ...
Generally dividend income received by the Fund from non-UK companies is also exempt from UK corporation tax under Part 9A of the Corporation Tax Act 2009. Chapter 4 of Part 9A of the Corporation Tax Act 2009 therefore provides for the making of an election that a dividend is not exempt, ...
Define mainstream corporation tax. mainstream corporation tax synonyms, mainstream corporation tax pronunciation, mainstream corporation tax translation, English dictionary definition of mainstream corporation tax. n the balance of the corporation tax fo
ADVANCE CORPORATION TAX DefinitionADVANCE CORPORATION TAX (ACT) is a UK Corporation tax, required under UK tax rules. It represents a minimum tax on companies that earn most of their profits overseas. Learn new Accounting TermsVARIABLE COSTS are those costs associated with production that changes ...
controlled by UK resident companies and/or individuals. However, even though a subsidiary in Marineland would fall within the definition of a CFC, there would not be a CFC charge because of the high rate of tax in Marineland. The 50% rate of tax will mean that the local tax ...
In the UK, corporations are large companies. However, in British English, the term may also refer to a state company. TheCambridge Dictionaryhas the following definitionof corporation: “ 1. A large company or group of companies that is controlled together as a single organization. ...
also UK: corporation taxn(tax on business profits)SCSimplified Chinese企业税 dummy corporationn(company: a cover)SCSimplified Chinese挂名公司guà míng gōng sī TCTraditional Chinese掛名公司 SCSimplified Chinese空壳公司guà míng gōng sī,kōng ké gōng sī ...
A business located where corporate tax is high would not be able to lower its tax bill by choosing to incorporate in a state where taxation is lower. Article Sources Related Terms Short Run: Definition in Economics, Examples, and How It Works The short run is the idea that within a ...