Excess profits tax

 

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Excess profits tax

Additional federal taxes placed on the earnings of a business, used only in time of national emergency such as war.



Excess profits tax

Similar Matches

Pretax earnings or profits

Pretax earnings or profits

Net income before federal income taxes are subtracted.


Accumulated profits tax

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.


Profits warning

Profits warning

If a quoted company expects its profits figure to be lower than the consensus forecast of analysts who follow the stock, the directors are required to issue a profits warning. The warning is released via the Stock Exchange to ensure that all investors have access to the news at the same time.


Unitised with profits

Unitised with profits

With-profits and investment-linked funds combined in the same contract with the choice of switching between them.




 
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