What does corporate tax mean?

Definitions for corporate tax
cor·po·rate tax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word corporate tax.


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Wiktionary

  1. corporate taxnoun

    A tax levied on a corporation, especially on its profits; corporation tax

Wikidata

  1. Corporate tax

    Many countries impose corporate tax, also called corporation tax or company tax, on the income or capital of some types of legal entities. A similar tax may be imposed at state or lower levels. The taxes may also be referred to as income tax or capital tax. Entities treated as partnerships are generally not taxed at the entity level. Most countries tax all corporations doing business in the country on income from that country. Many countries tax all income of corporations organized in the country. Company income subject to tax is often determined much like taxable income for individuals. Generally, the tax is imposed on net profits. In some jurisdictions, rules for taxing companies may differ significantly from rules for taxing individuals. Certain corporate acts, like reorganizations, may not be taxed. Some types of entities may be exempt from tax. Many countries tax corporate entities on income and also tax the owners when the corporation pays a dividend. Where the owners are taxed, a withholding tax may be imposed. Generally, these taxes on owners are not referred to as corporate tax.

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Numerology

  1. Chaldean Numerology

    The numerical value of corporate tax in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of corporate tax in Pythagorean Numerology is: 3

Examples of corporate tax in a Sentence

  1. Magdalena Andersson:

    The banks make big profits each year and have been big winners from corporate tax cuts in recent years.

  2. Joseph Quinlan:

    Trade, immigration, corporate tax reform, infrastructure and so forth — that's what the Street wants and it would get excited if there was some movement or momentum, but they're not expecting much.

  3. Maltese Finance Minister Edward Scicluna:

    We would prefer that as a first step, (corporate tax data) should be available to tax authorities, not to the public, we should not overreact.

  4. William McBride:

    You have to distribute the corporate tax burden to somebody, it falls on a mixture of [ stock ] owners and workers, and those are all over the income scale.

  5. Janet Yellen:

    We're working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom. Together, we can use global minimum tax to make sure that the global economy thrives, based on a more level playing field in the taxation of multinational corporations and spurs innovation, growth and prosperity, competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger and acquisition bids.


Translations for corporate tax

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"corporate tax." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/corporate+tax>.

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