Public Utility Holding Company Act of 1935

 

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Public Utility Holding Company Act of 1935

Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utility industries and regulating their debt and dividend policies.



Public Utility Holding Company Act of 1935

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Withholding

Withholding

In the US, this refers to a deduction from an employee's salary by an employer for federal, state and local tax liabilities.


Holding period return

Holding period return

Rate of return on an investment over a given period.


Annualized holding period return

Annualized holding period return

The annual rate of return that when compounded t times generates the same t-period holding return as actually occurred from period 1 to period t.


Withholding tax

Withholding tax

A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country.


Withholding tax

Withholding tax

Tax deducted at source in earnings, including dividends and interest payments.The UK is resisting efforts by the EU to impose withholding tax on eurobond interest payments. If the EU succeeds, the UK's strong market position in Eurobonds will be weakened, and a lot of the business will go to a tax territory where withholding tax is not levied.


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