3 per cent using retained earnings in order to finance expansion plans, it said in a bourse statement on Saturday.
What does RE stand for?
RE stands for Retained Earnings
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of RE
We have 45 other meanings of RE in our Acronym Attic
- Requirement Engineering
- Requirements Engineering Conference
- Research Engineering
- Reservoir Engineer
- Resident Engineer
- Resident Evil (game)
- Resonant Engineering
- Resource Element
- Responsible Entity (various locations)
- Restriction Endonuclease
Samples in periodicals archive:
Taiwan tech giant Hon Hai Precision, the world's biggest contract electronics maker, said Wednesday net profit fell 23 percent in the three months to June mainly due to a tax on retained earnings -- said net profit in the second quarter fell to Tw$12.
Taipei, March 29, 2011 (CENS)--Business income tax on retained earnings will be increased to 15%, from 10% now, starting 2011, according to a resolution passed by the financial committee of the Legislative Yuan yesterday (March 28).
Owner's equity includes retained earnings, but in private medical corporations, retained earnings are usually distributed to the owner each year to avoid double taxation.
In addition its retained earnings increased 61% from 1990 to 1992.
371c(a)(1)(A)) shall not apply with respect to covered transactions between the bank and any individual financial subsidiary of the bank; (3) The bank's investment in a financial subsidiary shall not include retained earnings of the financial subsidiary; (4) Any purchase of, or investment in, the securities of a financial subsidiary by an affiliate of the bank will be considered to be a purchase of, or investment in, such securities by the bank; and (5) Any extension of credit by an affiliate of the bank to a financial subsidiary of the bank will be considered to be an extension of credit by the bank to the financial subsidiary if the Board determines that such treatment is necessary or appropriate to prevent evasions of the Federal Reserve Act and the Gramm-Leach-Bliley Act.
This month we will look at retained earnings and dividends.
By contrast, the SOP requires that only dividends on allocated ESOP shares be charged to retained earnings.