BNET Business Dictionary
Business Definition for: Advance Corporation Tax
- formerly, in the United Kingdom, a tax paid by a company equal to a percentage of its dividends or other distributions of profit to its stockholders. It was abolished in 1999.
- Abbr. ACT
Additional Resources
- ECJ issues judgments in U.K. dividends cases.
- Jan 14, 2007 (Tax Notes International - ABIX via COMTEX) -- The European Court of Justice has ruled on some aspects of UK tax law on dividends. In rulings on two cases, the court found that the UK tax treatment of inbound and outbound dividends was...
- Research articles 2007-01-14
- UK Court limits ACT refund in Pirelli case.
- Mar 07, 2006 (Tax Notes International - ABIX via COMTEX) -- A ruling has been made by the UK House of Lords in the case of "Pirelli Cable Holding NV v CIR". The...
- Research articles 2006-03-07
- UK time limit for EC law claims restricted.(Brief Article)
- Mar 21, 2005 (International Tax Review - ABIX via COMTEX) A UK court has ruled on the time limit for claims for compensation from a European Court decision. The UK Court of Appeal decided that claims for compensation or restitution in respect of advance corporation...
- Research articles 2005-03-22
- Rexam delays payout
- REXAM, the packaging products group, has delayed paying a finaldividend to shareholders for another 12 months in order to get round the abolition of advance corporation tax ACT in April 1999. Rexam has a surplus ACT on its balance sheet of pounds 23m which it is "anxious to utilise" before...
- Research articles 1998-03-26
- Tough markets set to slow Laporte down
- LAPORTE, the speciality chemicals group, yesterday hinted ata slowdown in its record-breaking growth in 1999, with profits set to be hit by tough markets and a flurry of one-off charges. The company, whose chemicals are used in toothpaste, paints and condoms, said the abolition of advance corporation tax,...
- Research articles 1999-03-16
- CUC International Inc. Completes acquisition of Advance Ross Corporation
- STAMFORD, Conn.--BUSINESS WIRE--January 11, 1996--CUC International Inc. (NYSE:CU) announced today that it has completed its previously announced merger with Advance Ross Corporation (NASDAQ:AROS). Advance Ross is now a wholly owned subsidiary of CUC International Inc. Headquartered in Chicago, Illinois, Advance Ross' primary business is processing value-added tax refunds...
- Research articles 1996-01-11
- Amphenol Corporation Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. [Operators instructions]. First question from Mr. Brian White of Jefferies. Brian White - Jefferies & Co. Yes good afternoon? Martin H. Loeffler - Chairman, President and Chief Executive Officer Good afternoon. Brian White - Jefferies...
- Earnings calls 2007-10-18
- Kaiser Aluminum Corporation Q2 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. Operator instructions We’ll pause for a moment to give everyone an opportunity to signal. We’ll go first to Timna Tanners of UBS. Timna Tanners – UBS Hi. How are you all doing? Jack Hockema Good, Timna. Dan Rinkenberger Good,...
- Earnings calls 2008-08-24
- CUC International Inc. granted early termination of Hart-Scott-Rodino for Advance Ross Acquisition
- Stamford, CT--BUSINESS WIRE--November 2, 1995--CUC International Inc. (NYSE: CU) announced today that it has been notified by the Federal Trade Commission that it has been granted its request for early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in regard to CUC International's previously-announced...
- Research articles 1995-11-02
- Chevron Corporation Q3 2009 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions. Our first question comes from Dough Terreson with ISI Group. Doug Terreson – ISI Group First I want to congratulate you Dave on a great career and I agree with Jeanette [ph] you provided exemplary leadership during the past decade which is obviously been an...
- Earnings calls 2009-10-30
- Tax Executives Institute-Internal Revenue Service Liaison Meeting Agenda
- On February 23, 2000, a delegation from Tax Executives Institute met with Commissioner Rossotti and other senior officials of the Internal Revenue Service about the IRS modernization initiative and other issues of common concern. The Institute's delegation was led by Charles W. Shewbridge, III of BellSouth Corporation, TEI's International President....
- Research articles 2000-01-01
- BCI Announces Asset Monetization Transaction and Second Quarter Results.
- MONTREAL, QUEBEC, Aug 4, 2004 CCNMatthews via COMTEX Bell Canada International (the "Corporation" or "BCI") today announced it has entered into an agreement to monetize a portion of its non-capital tax losses (the "Loss Monetization Plan") which is expected to result in a compensatory...
- Research articles 2004-08-05
- Service-warranty companies - the hybrid of the insurance industry: companies that sell extended warranty service contracts can take advantage of a tax accounting method available to insurance companies, or use other methods, to account for premiums. This
- EXECUTIVE SUMMARY * Premiums from a service-warranty contract can be taken into account in four different ways: full inclusion; service-warranty accounting; advance payments; or as an insurance company. * Under the first three methods, the warranty provider is not subject to...
- Research articles 2007-07-01
- Alexis to Advance Underground Exploration Towards a Production Decision at Lac Pelletier Gold Project, Rouyn-Noranda, Quebec
- Alexis Minerals Corporation (TSX: AMC) is pleased to announce that the Certificate of Authorization has been received for an underground exploration and bulk sampling program at the Lac Pelletier Gold Project, Rouyn-Noranda, Quebec from the Ministere du Developpement durable, de l'Environment et des Parcs, Quebec. Current gold prices support improved...
- Research articles 2007-11-15
- Alexis to Advance Underground Exploration Towards a Production Decision at Lac Pelletier Gold Project, Rouyn-Noranda, Quebec; PROJECT STRONGLY LEVERAGED TO GOLD PRICE.
- TORONTO, ONTARIO, Nov 15, 2007 Marketwire via COMTEX -- Alexis Minerals Corporation (TSX:AMC) is pleased to announce that the Certificate of Authorization has been received for an underground exploration and bulk sampling program at the Lac Pelletier Gold Project, Rouyn-Noranda, Quebec from the Ministere du Developpement...
- Research articles 2007-11-15
- Setting Up a Limited Liability Company
- A limited liability company LLC affords its members limited liability, tax benefits similar to those of partnerships, and better access to financing. However, LLCs also have greater administrative burdens and must disclose more details about the business's finances. This article looks at the advantages and disadvantages of LLCs and describes...
- Articles 2007-10-22
- Taking Care of Your Accounts as a Freelancer
- Most freelancers are not interested in bookkeeping. Freelancing allows freedom from structures, systems, and processes; it's attractive because it allows you to focus on the work and not the surrounding administrative necessities. So, as a freelancer, you will likely need a firm resolve to apply yourself to your accounts.Keeping your...
- Articles 2007-11-12
- Working from Home
- According to the United States Census Bureau, nearly 4.2 million people worked from home in 2000. No long commute, no sweating over finding a parking space, no dressing up, no staff meetings—what's not to like? On the other hand, when you work from home and problems arise, it's up to...
- Articles 2007-03-27
- Toll considers other roads to Patrick.
- Byline: Philip Hopkins Feb 21, 2006 (The Sydney Morning Herald - ABIX via COMTEX) -- Australian logistics company, Toll Holdings, may make more concessions to advance its takeover bid. Toll's...
- Research articles 2006-02-21
- Toll more conciliatory after breaking records.
- Byline: Philip Hopkins Feb 21, 2006 (The Age - ABIX via COMTEX) -- Australian logistics company, Toll Holdings, may make more concessions to advance its takeover bid. Toll's $A4.6 million bid for...
- Research articles 2006-02-21
