Profiting - Law Dictionary Search Results

Excess profits duty

Excess profits duty, a duty imposed by the Finance (No. 2) Act, 1915 (ss. 38-45), on such profits as a

Maintainable profits, The 'maintainable profits' would be a certain percentage (say 80%) of the net profits of the company after

short-swing profit : a profit made by a corporate insider who purchases stock and sells it or sells stock and

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Taxable profits, the expression 'Taxable profits' is defined in s. 2(17) as the amount by which the profits during a

Undivided profits, the amount designated as 'Undivided profits' is a part of the reserves and has to be taken into

Corporation Profits Tax, an annual tax of 5 per cent. imposed by the Finance Act, 1920, ss. 52-56, on the

mesne profits : profits (as from crops) earned by one in wrongful possession of property [the rightful owner sued for

Profit sharing, means a agreement (formal or infor-mal) freely entered into, by which the employees receive a share, kind

Violent profits. Mesne profits in Scotland. 'They are so called because due on the tenant's forcible or unwarrantable detaining the

Profits in lieu of salary, in defining the expression 'profits in lieu of salary', the legislature excluded from the

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