Accumulated profits tax

 

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Accumulated profits tax

A tax on earnings kept in a firm to prevent the higher personal income tax rate that would obtain if profits were paid out as dividends to the owners.



Accumulated profits tax

Similar Matches

Accumulated dividend

Accumulated dividend

A dividend that has reached its due date, but is not paid out. See: Cumulative preferred stock.


Accumulated Benefit Obligation (ABO)

Accumulated Benefit Obligation (ABO)

An approximate measure of the liability of a pension plan in the event of a termination at the date the calculation is performed. Related: Projected benefit obligation.


Accumulated dividend

Accumulated dividend

A dividend which is due to holders of cumulative preference shares but which has not yet been paid. The amount is carried forward on the company's books as a liability until it is paid.




 
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