âThe English and French gentry used patch boxes in which to keep beauty patches as well as patches to cover pox scars.â 2 A part of something marked out from the rest by a particular characteristic.
A corporate tax, also called corporation tax or company tax, is a tax on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at state or local levels. The taxes may also be referred to as income tax or capital tax.
As a prime example, corporations have to pay income taxes, just as a person would. Corporate Tax Rate in Rocky River, Ohio. Every profit-earning corporation in the U.S. must, legally, pay the federal corporate income tax. Many states also have their own corporate income tax, which corporations located in Rocky River, Ohio have to remit. Under federal laws that govern corporate income taxes, corporations pay a different income tax rate from individual people.