Posted on Leave a comment

Accumulated Profit Tax

  1. Surtax on earnings retained in a business to avoid the higher personal income taxes they would be subject to if paid out as dividends to the owner
  2.  accumulations accumulations above the specified limit which is set fairly High to benefit small firms must be justified by the reasonable needs of the business or subject to the surtax because determining the reasonable needs of a business involves considerable judgment companies have been known to pay excessive dividends or even to make merger decisions out of fear of the accumulated profits tax. 

All In

underwriting shorthand for all included referring to an issuer’s interest…

Keep reading


Something went wrong. Please refresh the page and/or try again.

Leave a Reply