profit tax

  • 1Profit tax — in Hong Kong is Direct tax and also classified into Income tax.According to Cap.112 Hong Kong Ordinance, Inland Reveue Ordinance (in short, IRO) IRO Section 14, unless otherwise provides, profit tax shall be charged at the standard rate on any… …

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  • 2capital profit tax — tax imposed on profits earned by selling property …

    English contemporary dictionary

  • 3Tax profit — or taxable profit is used to distinguish between accounting profit or earnings (the number that is generally referred to in financial results for public companies and quoted in the press). Taxable profit is the number that is used to calculate… …

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  • 4tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …

    Financial and business terms

  • 5tax — I (New American Roget s College Thesaurus) n. assessment, levy, duty, tariff, excise, toll, tithe; impost, custom; rate, income tax, internal revenue; informal, charge. See payment. v. assess, rate, command;charge, accuse; take to task; strain,… …

    English dictionary for students

  • 6profit before tax — ˌprofit before ˈtax abbreviation PBT noun [countable, uncountable] ACCOUNTING TAX a company s profit before tax has been taken away: • The company reported a half year profit before tax of £72m. * * * profit …

    Financial and business terms

  • 7Tax increment financing — Tax Increment Financing, or TIF, is a public financing method which has been used for redevelopment and community improvement projects in the United States for more than 50 years. With federal and state sources for redevelopment generally less… …

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  • 8Tax farming — was originally a Roman practice whereby the burden of tax collection was reassigned by the Roman State to private individuals or groups. In essence, these individuals or groups paid the taxes for a certain area and for a certain period of time,… …

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  • 9profit and loss statement — index ledger Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss statement …

    Law dictionary

  • 10Tax forms in the United States — are used by taxpayers and tax exempt organizations to report financial information to the Internal Revenue Service (IRS). They are used to report income and calculate taxes owed to the government of the United States. TOC Federal tax forms 990… …

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