Capital Tax Program

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A Capital Tax Program is a government tax on taxable capital.



References

2015

  • http://www.investopedia.com/terms/c/capital-tax.asp
    • A tax on a corporation's taxable capital, comprising capital stock, surpluses, indebtedness and reserves. Capital tax is applicable to capital owned by a company, not its spending. Capital taxes, in contrast to income taxes, are charged regardless of the profitability of the firm.

2014