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corporation tax |
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corporation taxTax levied on a company's trading profits. It is a form of income tax, and rates vary according to country, but there is usually a flat rate. It is a large source of revenue for governments. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Whether promoters should be treated as shareholders, thus voiding the S election and S corporation tax treatment. But others are new, such as extending the state sales tax to currently-exempted services, raising commercial property tax rates, closing a subchapter "S" corporation tax loophole and increasing penalties for certain air pollution violations. The FTB said it has noticed that some taxpayers who are subject to the apportionment and allocation provisions under Chapter 17 of the Corporation Tax Law have filed original returns that are inconsistent with rules provided in the Revenue and Taxation Code, Secs. |
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