Definitions for "Corporate Tax"
Keywords:  nrwt, fdwp, sensible, firms, profit
A tax on the profits of firms, as distinct from taxation of the incomes of their owners. There are strong arguments for having separate income tax schemes for firms and individuals the system of allowances and progressive tax rates appropriate for a tax on individual incomes is quite different from a sensible scheme for taxing firms.
The tax owned by the company according to the tax regulations and its net profit before tax.
The sum of net company tax, non-residents withholding tax (NRWT) and foreign dividend withholding payments (FDWP).
Keywords:  provision