Corporate income tax rate definition

Corporate income tax rate means the Rhode Island corporate income tax rate that applies to a corporation’s taxable income apportioned to Rhode Island.28

Corporate income tax rate means the Rhode Island corporate income tax rate that applies to a corporation’s taxable income apportioned to Rhode Island.8 For tax years beginning before January 1, 2015, the rate is nine percent (9%); a corporation pays either the corporate income tax, or the franchise tax,9 whichever is greater: the minimum is $500 a year. For tax year 2015, the rate is seven percent (7%); the franchise tax has been repealed; the annual minimum remains $500.

Corporate income tax rate means the nominal rate of corporate income tax (including any sub- national corporate income taxes) generally imposed on income of a body corporate in a territory

Examples of Corporate income tax rate in a sentence

• For the purposes of disclosing comparative information relevant to the private sector equivalent, the following taxation equivalents have been applied to all Council-nominated business activities (this does not include Council’s non-business activities): Notional rate applied (%) Corporate income tax rate – 27.5% Land tax – the first $692,000 of combined land values attracts 0%.

• Table I.5: Central government personal income tax rates and thresholds," "Table I.6: Sub-central personal income tax rates," "Table II.1: Corporate income tax rate," "Table II.4: Overall statutory tax rates on dividend income," "Table III.1: Employee social security contribution rates" and "Table III.2: Employer social security contribution rates," "Table IV.1: VAT/GST rates in OECD member countries." Downloads from the OECD Tax Database: www.oecd.org/ctp/taxdatabase.

• Corporate and Minimum Alternate Tax Corporate income tax rate in the case of domestic company has been at a level of 30% plus surcharge and education cess (effectively working out to 33.99%) for over five years now.

• For the purposes of disclosing comparative information relevant to the private sector equivalent, the following taxation equivalents have been applied to all Council-nominated business activities (this does not include Council’s non-business activities): Notional rate applied (%) Corporate income tax rate – 30% Land tax – the first $549,000 of combined land values attracts 0%.

• Corporate income tax rate 15% was provisionally applied for calculation of corporate income tax during the report period.

• Corporate income tax rate applicable in 2006 is 24% of taxable income.

• Corporate income tax rate in Ukraine is 25 per cent.FOR THE YEAR ENDED 31 DECEMBER 2010 (All amounts are in LTL thousand unless otherwise stated) In accordance with tax legislation of the Republic of Lithuania, starting from 1 January 2008 taxable losses, except for losses related to transfer of securities and/ or financial instruments may be brought forward for an unlimited period.

• These changes included lowering the U.S. Corporate income tax rate from 35% to 21% and the elimination or reduction of certain domestic deductions and credits.

• The standard PRC Corporate income tax rate was 25% during the six months ended June 30, 2022 (2021: same).

• Corporate income tax rate according to § 21 with effect from January 1st 2011 is 19%.

More Definitions of Corporate income tax rate

Corporate income tax rate means the rate of corporate income tax applicable to the Any unused credits may be used to reduce taxes otherwise payable in subsequent years, but the carry-forward period may not exceed five (5) consecutive years.