Advance corporation tax


 

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Advance corporation tax

Tax payable by companies on dividend payments up to 5th April 1999 which was offset against the company's mainstream corporation tax liability.



Similar Matches

Federal Agricultural Mortgage Corporation (Farmer Mac)

Federal Agricultural Mortgage Corporation (Farmer Mac)

A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.


Foreign Sales Corporation

Foreign Sales Corporation

Refers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy.


National Securities Clearing Corporation

National Securities Clearing Corporation

In the US, facilitates trade processing, clearance, delivery and settlement of equities, and corporate and municipal bonds. NSCC is owned equally by the New York and American Stock Exchanges and the National Association of Securities Dealers.


Controlled foreign corporation (CFC)

Controlled foreign corporation (CFC)

A foreign corporation whose voting stock is more than 50% owned by US stockholders, each of whom owns at least 10% of the voting power.


Private Export Funding Corporation (PEFCO)

Private Export Funding Corporation (PEFCO)

Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products.


Further Suggestions

Securities Investor Protection Corporation
Instinet (Institutional Networks Corporation)
Multinational corporation
National Association of Investors Corporation
Section 352 of the Income and Corporation Taxes Act 1988
National Securities Clearing Corporation (NSCC)
Federal Deposit Insurance Corporation (fdic)
Mortgage Backed Securities Clearing Corporation (MBSCC)
Closed corporation
Resolution Funding Corporation (RefCorp)
Multinational corporation (MNC)
Federal Deposit Insurance Corporation (FDIC)
Freddie Mac (Federal Home Loan Mortgage Corporation)
Edge Act corporation
S Corporation
Domestic International Sales Corporation (DISC)
Edge corporations
Eleemosynary Corporation
Articles of incorporation
Options Clearing Corporation (OCC)
Pension Benefit Guaranty Corporation
articles of incorporation
Securities Industry Automation Corporation
Security Industry Automated Corporation (SIAC)
International Finance Corporation (IFC)


 
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