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.
Pennsylvania Corporate Loans Tax. The Pennsylvania Corporate Loans Tax is an annual tax computed at a rate of 4 mills (.004) on the corporate taxable indebtedness to Pennsylvania individual residents or resident partnerships during the current tax year, based on the amount of interest actually paid during the year.