Definition of caveat emptor. : a principle in commerce: without a warranty the buyer takes the risk Caveat emptor is a reasonable approach for many consumer products.
The United States imposes a tax on the profits of US resident corporations up to a maximum rate of 35 percent. The corporate income tax is the third largest source of federal revenue, after the individual income tax and payroll taxes, and raised $343.8 billion in fiscal 2015. The United States taxes the profits of US resident corporations at graduated rates ranging from 15 to 35 percent.
accrued in, brought into or received in Ghana after the necessary adjustment are made. The rate of tax generally is 25%. There are different rates applicable to certain companies (see âIncentivesâ below). From 2012, mining companies are to pay corporate tax at a rate of 35%. The corporate entity is taxed separately from its shareholders.