• Here are several definitions: * The tax owned by the company according to the tax regulations and its net profit before tax. * refers to the tax paid by corporates or firms on the incomes they earn. * Corporate tax refers to direct taxes charged by various jurisdictions on the profits made by companies or associations. As a general principle, this varies substantially between jurisdictions. In particular allowances for capital expenditure and the amount of interest payments that can be deducted from gross profits when working out the tax liability vary substantially. Also, tax rates may vary depending on whether profits have been distributed to shareholders or not. ... I am sure that each nation has it's own laws on how they administer coporate taxes.
  • it's something most corporations don't pay in america ;)

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