Definitions for "Accumulated Earnings Tax"
An additional tax on earnings that a business reta... Add a comment
An additional tax on earnings that a business retains in an attempt to avoid the higher income taxes the owners would be subject to if the earnings were paid out to them as dividends. also called accumulated profits tax.
a federal tax that may be imposed upon the undistributed earnings of corporations that are deemed to have accumulated retained earnings in excess of certain limits permitted by federal tax law