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Split rate tax system |
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Split rate tax systemA tax system that taxes retained earnings at a higher rate than earnings that are distributed as dividends.Split rate tax system Similar MatchesEuropean Monetary SystemEuropean Monetary SystemThe monetary system of the EC which attempts to reduce the currency variations between members. The EMS became operational on March 13th, 1979, as the successor to the 'snake in a tunnel'. Its aim was to create a zone of monetary stability in Europe. Its general principles were outlined at the Bremen Summit in July 1978, and the system was presented in detail at the Brussels Summit in December. The EMS consists of three mechanisms: the ERM; accounting and transaction mechanisms related to the ECU; and credit mechanisms to enable central banksą intervention in the currency markets. All the European Community countries belong to the EMS, although not all of them participate in the ERM. Market based corporate governance systemMarket based corporate governance systemOrganization of a corporation whereby the supervisory board represents a dispersed set of largely equity shareholders. Nonsystematic riskNonsystematic riskNonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy. European Monetary SystemEuropean Monetary SystemA currency union formed by some of the members of the EEC in 1979 that continued, with changing membership, until replaced by the EMU and the euro in 1999. Board of Governors of the Federal Reserve SystemBoard of Governors of the Federal Reserve SystemThe managing body of the Federal Reserve System, set which policies on bank practices and the Federal Reserve System. Further SuggestionsThe Harmonized Commodity Description and Coding SystemContent management system National Market System Systematic Return Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) Feedback Systems COLT (Continuous on line trading system) Designated order turnaround system (DOT) Accelerated cost recovery system (ACRS) International monetary system Wireless Data System Systematic Morningstar rating system Intermarket Trading System Intermarket Surveillance Information System (ISIS) Clearing system Just in time inventory systems Freely floating exchange rate system Progressive tax system Stock Exchange Automated Trading System PLUS Double auction system Two tier tax system Systematic investment plan Small Order Execution System (SOES) National Association of Securities Dealers Automatic Quotation System (Nasdaq) |
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