profits tax


Also found in: Financial, Wikipedia.
Related to profits tax: excise tax
Translations

profits tax

n (Brit) → imposta sugli utili
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References in periodicals archive ?
The Amendment Bill seeks to implement the two-tiered profits tax rates regime announced in the 2017 Policy Address.
99-514, imposes a branch profits tax on the effectively connected income (ECI) of a U.
In essence, the heart of Havenstein's economic development initiative is to reduce the state's business profits tax from its current level of 8.
So if we get this cold spell the Government will have to intervene and if they do intervene, and it is costly, I for one would regard it as perfectly acceptable for them then, subsequently, to levy an excess profits tax on the energy companies and claw that money back.
The windfall profits tax would be 70% on income above an agreed base gold price.
Initial draft legislation from regional and federal governments included a turnover tax, but draft bill that has entered parliament has a change to 25 per cent gross profits tax.
Eighty-one per cent of Australians believe that the idea of a banking super profits tax should be discussed at next year's Tax Summit, according to a new opinion poll conducted by The Australia Institute.
However, DTAA will not have preferential status over the domestic law when branch profits tax is levied.
The earlier mining super profits tax had threatened more than $20 bln in investment, according to mining companies, but no major project has yet been scrapped and several have actually been advanced since the tax was unveiled on May 2.
These welcome advances could be in jeopardy if the campaign against the Resource Super Profits Tax by the powerful, cashed-up mining companies is successful.
The Super Profits Tax was scheduled by Rudd to become effective<br /> in July 2012, but the mining industry already campaigned feverishly against it, citing it would cost jobs and hurt domestic investment.
An excess profits tax would act as a charge on bank cashflow - thought to be a way to raise significant amounts without distorting the financial system.