Share This Article:

Economic Definition of corporate profits tax. Defined.

Offline Version: PDF

Term corporate profits tax Definition: A tax on the accounting profits of corporations. This tax is only levied on corporations, and excludes businesses that are proprietorships or partnerships. This tax is often criticized (usually by members of the second estate because corporate dividends are taxed twice -- once as corporate profits, then a second time as income with the personal income tax.


« corporate profits distribution | corporate stock »


Alphabetical Reference to Over 2,000 Economic Terms