What is the meaning of Accumulated profits tax?

Showing "Accumulated profits tax" (corrected from "accumulated profits") | add "accumulated profits" definition

Accumulated profits tax is a tax on earnings retained in a firm as a way for the principals to defer personal income taxes.

Barry Goldsmith
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APABarry Goldsmith. (2010). Accumulated profits tax. Retrieved September 24, 2026, from http://smartdefine.org/accumulated_profits_tax/definitions/1147087
ChicagoBarry Goldsmith. 2010. "Accumulated profits tax" http://smartdefine.org/accumulated_profits_tax/definitions/1147087 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, Accumulated profits tax, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/accumulated_profits_tax/definitions/1147087>.
MLABarry Goldsmith. "Accumulated profits tax" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/accumulated_profits_tax/definitions/1147087>