What is Corporate Tax?
Corporate Tax definition is: Corporate tax is a tax on corporate profits. Tax is paid on the operating profit of the company. H Sales minus production costs (COGS), general and administrative costs (G&A), sales and marketing, research and development, depreciation and other operating costs.
- Corporate tax is levied by the state on revenue.
- Tax is based on operating income after expenses.
- The current U.S. corporate tax rate is a flat rate of 21%. Prior to Trump's tax reform in 2017, the corporate tax rate was 35%.
- A company can register as a company to avoid double taxation. S. Geissel Shift does not pay corporate tax to taxpayers who pay income tax through individual tax returns.
Literal Meanings of Corporate Tax
Meanings of Corporate:
A company or group.
In relation to a company, especially a large company or group.
Sentences of Corporate
The rating measures the average default risk of companies in this country.
Airlines attach great importance to their corporate identity
Meanings of Tax:
Tax (on something else)
High demands (power or resources)
Confront a crime or offense (from someone).
Investigation and evaluation (file fee)
Mandatory government income tax, which is levied by the government on employees' income and company profits, or is included in the price of certain goods, services and transactions.
One type or more demand.
Sentences of Tax
Hardware and software are taxed at 7.5%
He knew that the next test would test his full strength.
Why are you blaming me for these baseless allegations?
An officer who keeps track of expenses
Higher taxes will reduce consumer spending
Readers' attention more
Synonyms of Tax
call to account, fee, strain, drain, contribution, make demands on, weigh down, stretch, burden, assessment, charge duty on, encumbrance, levy a tax on, load, denounce, censure, excise, toll, demand a tax on, weigh heavily on, blame, impose a toll on, charge, confront, condemn, tithe, imposition, stress