Our next webinar is 27 February at 6 pm. To ask our speakers Sapan Ghai, CCO at Sovereign Metals, Will Holland, CEO at Europa Oil & Gas and Rick Guiney, CEO at MicroSalt a question please submit here.

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Classical Tax System

Definition of 'Classical Tax System'

A Classical Tax System initially takes company profits, and then also taxes any dividend income. This double taxation of dividends thus provides an incentive to retain profits.

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