Your English writing platform
Discover LudwigSuggestions(1)
The phrase "allocating profit" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or business when discussing the distribution or assignment of profits among stakeholders or departments.
Example: "The company is focusing on allocating profit to reinvest in research and development for future growth."
Alternatives: "distributing profit" or "assigning profit".
Exact(2)
By creating two different Irish subsidiaries and allocating profit to the right subsidiary, you can end up paying corporate tax on a fraction of your actual profit.
The companies pay few taxes through legal, though sometimes questionable, practices like allocating profit to countries with lower taxes and exploiting regulatory differences between countries.
Similar(58)
In recent years, most of the major accounting firms, starting with Arthur Andersen, have moved to split off their consulting businesses, because of disputes over allocating profits and providing client services.
Moreover, they cannot allocate profit flexibly unless the supplier has a large enough working capital.
The "arm's length" rules on these transfers are in desperate need of an overhaul, though the OECD rejects the idea of replacing them with a brand new approach, such as "formulary apportionment", advocated by some NGOs (it would allocate profits according to a formula based on the location of sales, employees or other such metrics).Thinking has come a long way in a short time.
After 2010, Ireland's revenue authority, which is charged with making sure that the transfer pricing rules set by Ireland are being appropriately applied, asserts that Apple allocated profits in a manner consistent with the rules that applied to everyone.
Decide how to allocate profits and losses.
For example, if the partners want to allocate profits in a way that does not correspond to the ownership interest, then you will need a tax attorney.[4].
It's not possible to only allocate the profit through only contractual arrangements," Saint-Amans told reporters.
The G.N.P. and balance of payments data allocate those profits to Ireland, he said in a paper, even though "there is no profit to the Irish economy".
This is where some resources are centrally distributed and some resources are privately allocating according to profit.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com