Corporate Tax

(redirected from Company taxation)
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Corporate Tax

A tax levied on corporations' profits. Because corporations are legal entities separate from their owners, they may be taxed as if they were persons. A corporate tax, then, is the equivalent of the income tax for natural persons. Corporate taxes vary from country to country; in the United States, they are levied at both the federal and state levels. Proponents of the corporate tax argue it guards against excessive profits that may result from unethical or illegal corporate practices, while opponents say that corporations simply pass on the tax to their customers.
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All versions of the new Civic come in under the 160g/km benchmark for company taxation write down, which will make it even more attractive to fleet managers.
Ireland, which was transformed from an agrarian landmass to one of the major technological hubs in Europe, was a remarkable success story that took place in the period between 1987 and 2007: the relatively-cheap, educated English-speaking workforce - the essential human factor - coupled with low company taxation, played a vital role in the enviable success; the emerging prosperous green landscape made the rest of the Europeans green with envy, by the way the living standard of the Irish was raised in a matter of years - beyond recognition.
There will also be proposals to support the competitiveness of EU enterprises, especially small- and medium-sized enterprises, a European Energy Efficiency Plan, a Social Business initiative, legislative initiatives on posting of workers and working time to be elaborated in close dialogue with social partners and improvement of the frameworks for company taxation and VAT.
PLANS to streamline the UK tax system in time for next year's Budget could see the biggest shake-up of company taxation for many years, according to local experts.
0 per cent increase in company taxation directly to President Demetris Christofias' personal handling of the thorny issue of a public sector wage freeze, which has resulted in calls from both government party AKEL and the main trade union organisations for "big capital" to share the burden of the crisis.
He said these should include cutting employers' and employees' National Insurance, rescinding the abolition of empty property tax relief and cutting company taxation.
Ms Campbell said: "The Isle of Man is widely acknowledged as a UK financial centre of excellence, a direct result of its off-shore jurisdiction which allows tax free status on capital gains, inheritance and some company taxation.
This inspired me to attempt a similar thing--my first single-authored paper, 'The Quantitative Effect of Basing Company Taxation on Replacement Costs' (Harcourt 1958), was presented first at Piero Sraffa's seminar.
Businesses were non-committal, with Cardiff's Chamber of Commerce welcoming simplified regulation but saying company taxation still needed attention.