Classical system: Difference between revisions
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imported>Doug Williamson m (Spacing) |
imported>Doug Williamson m (Category added 8/10/13) |
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== See also == | == See also == | ||
* [[Imputation system]] | * [[Imputation system]] | ||
[[Category:Accounting,_tax_and_regulation]] |
Revision as of 08:40, 8 October 2013
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.