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单词 imputation system
释义 imputation system

Formerly, the UK system in which the advance corporation tax paid by a company making qualifying distributions was available to set against the gross corporation tax for the company. The shareholder receiving the dividend was treated as having suffered tax on the dividend and the tax credit was available to set against his or her own liability to tax. Advance corporation tax was abolished in 1999.

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更新时间:2025/3/10 0:09:48