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Glossary   >   C   >   "Corporation tax" Definition            Corporation tax A tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Corporation tax - A tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies.