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Corporate Tax
(redirected from Corporation tax)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
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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Whether promoters should be treated as shareholders, thus voiding the S election and S corporation tax treatment.
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