What does ACT stand for?

Advance Corporate Tax

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

The revenues provided by know-how, if rented, are considered royalties and are subjected to advance corporate tax at the rate of 20 percent.

Development Of E-Commerce Legislation And Taxation Of Revenues From ...

Companies are expecting a subdued performance in 2009 with lower earnings in the quarters ahead, as is evident from the over 22 per cent year-on-year drop in the advance corporate tax collections in the third quarter of FY2009," Sharekhan Research said in a report.

Sensex could see rise this week

For example, if a Ukrainian holding company carries out no operations but owns shares in two or more subsidiaries, each of the subsidiaries will be required to pay an advance corporate tax (the "ACT") of 25% on any dividends it pays to its holding company.

New Lobbying Law Opens Legislative and Administrative Processes to ...