Corporate Tax definition

Corporate Tax means, for any Financial Year, the aggregate income tax payable by the Feed-in Approval Holder on its income for that Financial Year, whether in Malaysia or elsewhere, excluding any provision for deferred taxation as determined in accordance with Section 6 of the Income Tax Act 1967;
Corporate Tax means one of the corporate taxes listed in Annex I or a similar tax subsequently introduced;
Corporate Tax means any tax, by whatever name called, that is levied on the income or capital of any entity; 10

Examples of Corporate Tax in a sentence

  • Under the Turkish Corporate Tax Law, losses can be carried forward to offset against future taxable income for up to five years.

  • In accordance with the Article 32 of the Corporate Tax Law No: 5520, the corporate tax rate is calculated at the rate of 20%.

  • The article no.13 of the Corporate Tax Law describes the issue of transfer pricing under the title of “disguised profit distribution” by way of transfer pricing.

  • According to the Corporate Tax Law, tax losses can be carried forward for a maximum period of five years following the year in which the losses are incurred.

  • The corporate tax rate is 20% in accordance with the article number 32 of the New Corporate Tax Law no.5520 which is published in the official Gazette dated June 21, 2006 and numbered 26205.


More Definitions of Corporate Tax

Corporate Tax means total tax payable by the company, including tax payable on account of minimum tax and final taxes payable, under any of the provisions of this Ordinancebut not including those mentioned in sections 8, 161 and 162 and any amount charged or paid on account of default surcharge or penalty and the tax payable under this section.
Corporate Tax as specified in Section 5.09(c).
Corporate Tax means any and all Taxes based on income, revenues, profits, or net worth and all state and local franchise, license, occupation and similar Taxes required for the maintenance of corporate existence or to maintain good standing that are assessed against a Party.
Corporate Tax means any corporate income tax levied by the State on corporations incorporated in Tonga or that engage in business in Tonga. Companies Act means the Companies Xxx 0000 of the Kingdom of Tonga as in force from time to time, including its amendment and/or succeeding acts.
Corporate Tax means any federal (including under Code Section 59A), state, local or foreign income, capital stock, franchise, profit, withholding, alternative or add-on minimum tax, or any estimated taxes of any of the foregoing, whether liability is imposed directly or pursuant to Treasury Regulation Section 1.1502-6 (or any similar provision of any state, local or foreign law), as a transferee or successor, by contract or otherwise (including, without limitation, any liability imposed by reason of any election under Section 338(g) or Section 338(h)(10) of the Code or any similar provision of state, local or foreign law), including any interest, penalty or addition thereto, whether disputed or not, and any obligations under any agreements or arrangements with respect to any of the foregoing, and "Corporate Taxes" means any or all of the foregoing collectively.
Corporate Tax means tax paid on the chargeable income of a company[;]2
Corporate Tax means total tax payable by the company, including tax payable on account of minimum tax and final taxes payable, under any of the provisions of this Ordinance excluding tax paid on: