corporate income
Company profit taxable
Corporate income is money earned by a business entity, as distinct from personal income earned by individuals.
The term appears most often in tax contexts: corporate income tax, corporate income rates.
A company's corporate income may be taxed before distribution to shareholders, who then pay personal income tax on dividends—the so-called double taxation.
- net profitIncome after subtracting costs
- bottom lineEssential point or conclusion
- salesRevenue from goods moved
- shareholder returnsProfits paid to owners
- board of directorsGoverning body of organization
annual report · gross profit · tax deductions · tax shelter · licensing fees · dividends · offshore accounts · franchise fees · royalties · retained earnings · tax credits · investments · tax audits · cash flow · quarterly earnings · earnings per share · withholding taxes · services
corporate incomepersonal income
One's own revenue
individual income · household income · wage income · salary · freelance income
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