corporate taxation

Company profit duties

Corporate taxation refers to the system of taxes levied on businesses organized as corporations, based on their profits or income.

Unlike individual income tax, corporate tax applies to the entity itself as a legal person separate from its shareholders.

The rate and structure vary widely by jurisdiction, and corporations often employ strategies to minimize their tax burden through deductions, credits, and international arrangements.

The new policy raised the corporate taxation rate to 28 percent.

Related

tax brackets · tax base · tax havens · shell company · Delaware · tax policy · capital gains tax · Cayman Islands · Panama Papers · fair share · bottom line · withholding tax · financial statements · levy · deductions · loopholes · creative accounting · tax shelter

Opposites
tax subject/entity type

corporate taxationpersonal income tax

Tax on individual earnings

payroll tax · estate tax · inheritance tax · gift tax · property tax

fiscal policy direction

corporate taxationcorporate subsidies

Government payments to businesses

corporate welfare · business incentives · tax exemptions · tax abatements · enterprise zones

regulatory burden

corporate taxationtax-free status

Immunity from taxation

deregulation · nonprofit status · laissez-faire economics · tax evasion · tax avoidance

Family

corporation, taxation, corporate, corpus

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