corporation tax

corporation tax NOUN tax levied on companies' profits.

English terms dictionary. 2015.

Look at other dictionaries:

  • corporation tax — The tax charged on companies resident for tax purposes in the UK and foreign companies operating through a UK branch, tax is calculated as a percentage of taxable profit, i.e. taxable income less deductible expenses, reliefs and allowances. For… …   Law dictionary

  • corporation tax — noun A tax levied on the profits of companies • • • Main Entry: ↑corporate * * * corporation tax UK US noun [uncountable] a tax that companies pay on their profits Thesaurus: types of tax and taxationhyponym * * * ˌcorpoˈration tax …   Useful english dictionary

  • corporation tax — Taxation payable by companies, as opposed to individuals and trusts. Dresdner Kleinwort Wasserstein financial glossary Tax chargeable on the profits of a UK company. Financial Services Glossary * * * corporation tax corporation tax ➔ tax1 * * *… …   Financial and business terms

  • corporation tax — CT Tax charged on the total profits of a company resident in the UK arising in each accounting period The rate of corporation tax depends on the level of profits of the company. The small companies rate of 19% currently applies to companies with… …   Big dictionary of business and management

  • corporation tax — (BrE) (AmE corporation income tax) n [U] a tax paid by companies on their profits. British companies pay between 19% and 30% corporation tax, depending on the size of their profits. In the US different rates are charged in each state. * * * …   Universalium

  • corporation tax — CT Tax charged on the total profits of a company resident in the UK arising in each accounting period. The rate of corporation tax depends on the level of profits of the company. The small companies rate of 19% currently applies to companies with …   Accounting dictionary

  • corporation tax — N UNCOUNT Corporation tax is a tax that companies have to pay on the profits they make …   English dictionary

  • corporation tax — corpo ration ,tax noun uncount a tax that companies pay on their profits …   Usage of the words and phrases in modern English

  • corporation tax — noun Brit. tax levied on companies profits …   English new terms dictionary

  • corporation tax — UK / US noun [uncountable] British a tax that companies pay on their profits …   English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.