Business, Legal & Accounting Glossary
noun the total tax paid by a company on its profits less any advance corporation tax, which a company has already paid when distributing profits to its shareholders in the form of dividends. AbbreviationMCT the total tax paid by a company on its profits less any advance corporation tax, which a company has already paid when distributing profits to its shareholders in the form of dividends.
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Definitions for Mainstream Corporation Tax are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.