Corporate Tax
/ˈkɔːrpərɪt tæks/
Definitions
- (n.) A direct tax imposed on the net income or profit of corporations and other business entities.
The company paid a higher corporate tax due to increased profits.
Related terms
See also
Commentary
Corporate tax rates and rules vary significantly by jurisdiction, requiring careful compliance and planning.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.