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Corporate Tax |
Also found in: Wikipedia | 0.06 sec. |
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Corporate Tax A levy placed on the profit of a firm different rates are used for different levels of profits. Notes: Corporate taxes are usually levied by all levels of government (ie. State and Country) |
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The member recognizes an obligation to minimize company tax liability, within the bounds of the law and to the extent consistent with policies or objectives of the company, having due regard for the interests of society in sound tax policy, and will advise and support action to obtain that objective, to the best of the member's ability. The electronics assembly company has hired 170 workers that are earning the company tax credits. Not only should company tax personnel seek out an experienced tax adviser, they should look for a tax adviser with substantial experience in all aspects of tax controversy practice- from negotiating with an IRS agent, to preparing a Protest Memorandum to the IRS Appeals Div. |
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