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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Advance Corporation Tax

Advance Corporation Tax

Definition of 'Advance Corporation Tax'

A basic-rate tax paid by companies on dividends distributed to shareholders, who can somethines set ACT tax credits against other tax liabilities.

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Related Terms

ACTTax ShieldTax ClaimAccelerated DepreciationDouble Tax AgreementsTax AvoidanceCorporation TaxAcid RatioAcid Test RatioCCCQuick Asset RatioStrategic InvestmentBull, Bullish, Bull MarketTerm LoanAd Valorem TaxCapital Gains TaxFiscal DragImputation SystemsIncidence of TaxModigliani & Millers (MM) Capital Structure Theories

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