Classical system: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing) |
imported>Doug Williamson (Layout.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 2: | Line 2: | ||
A system of taxing companies and their shareholders as entirely separate entities, leading to double taxation of the profits earned by the company and distributed to the shareholders. | A system of taxing companies and their shareholders as entirely separate entities, leading to double taxation of the profits earned by the company and distributed to the shareholders. | ||
== See also == | == See also == | ||
* [[Imputation system]] | * [[Imputation system]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 14:20, 22 June 2016
Tax.
A system of taxing companies and their shareholders as entirely separate entities, leading to double taxation of the profits earned by the company and distributed to the shareholders.
