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It allows companies indefinitely to defer payment of some tax on their retained profits.
Mittelstand firms themselves usually prefer steady growth from retained profits to borrowing.
This is the amount paid to originally purchase the shares of the bank and retained profits (minus losses).
The company has decided not to borrow money at all, meeting its modest financing needs through retained profits.
Even arch-liberals of the Reform party could not resist the gimmick of proposing to abolish tax on retained profits.
Between 1970 and 1994, US and UK companies met all their finance needs from internal sources (retained profits and capital allowances) and bank borrowing.
Similar(30)
MGR had a retained profit of nearly £9m in 2002.
As 2012 started, I had that retained profit sitting in my company accounts as working capital.
Total revenue increased by £199.2m on the previous financial year, allowing the RFU to post a retained profit of £3.9m compared with a loss of £6.7m in 2014‑15.
Johnston spoke to the media at Ibrox this morning after the club posted their interim financial figures, which showed a retained profit of £11.9million for the six months to December 31.
Many legislators have railed against the fact that American multinationals keep retained profit in units abroad (almost $1 trillion at the end of 2007, Mr Merrill estimates), beyond the reach of American taxmen.
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