mainstream corporation tax
- mainstream corporation tax
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Easyform Glossary of Law Terms. — UK law terms.
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mainstream corporation tax — MCT Formerly, the liability for corporation tax of a company for an accounting period after the relevant advance corporation tax was deducted. Advance corporation tax was abolished with effect from 1 April 1999. See also: imputation system … Accounting dictionary
mainstream corporation tax — MCT Formerly, the liability for corporation tax of a company for an accounting period after the relevant advance corporation tax was deducted. Advance corporation tax was abolished in 1999. See also imputation system … Big dictionary of business and management
mainstream corporation tax — /ˌmeɪnstri:m ˌkɒ:pə reɪʃ(ə)n tæks/ noun the total tax paid by a company on its profits (less any advance corporation tax, which a company has already paid when distributing profits to its shareholders in the form of dividends). Abbreviation MCT … Dictionary of banking and finance
advance corporation tax — When a company paid a dividend it also paid a percentage of the amount of the distribution to the Inland Revenue as ACT. The company could then set off the amount of ACT against its liability to mainstream corporation tax. ACT was abolished on… … Law dictionary
advance corporation tax — Also known as ACT. Dresdner Kleinwort Wasserstein financial glossary corporation tax liabilities are normally payable nine months after the end of the chargeable accounting period to which they relate. However, where a company pays a dividend (… … Financial and business terms
United Kingdom corporation tax — Throughout this article, the unqualified term pound and the £ symbol refer to the United Kingdom pound. Taxation in the United Kingdom This article is part of the series: Politics and government of the United Kingdom Central government … Wikipedia
Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… … Wikipedia
Local Initiatives Support Corporation — Infobox company company name = Local Initiatives Support Corporation (LISC) company company type = Non Profit company mission = Local Initiatives Support Corporation (LISC) is dedicated to helping nonprofit community development organizations… … Wikipedia
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One Economy Corporation — Founded 2000 Location 1220 19th St NW Ste 610 Washington, DC USA … Wikipedia