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Acronyms that contain the term profits tax 

What does profits tax mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: profits tax.

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ALOP

Advance Loss Of Profits

Miscellaneous » Unclassified

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AWP

Advanced Web Profits

Computing » IT

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AIOP

All In One Profits

Miscellaneous » Unclassified

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BP

Better Profits

Miscellaneous » Unclassified

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BP

Big Profits

Miscellaneous » Unclassified

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BPT

Business Profits Tax

Business

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BPT

Business Profits Tax

Business » Tax

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CBNP

Center for Bronx Non-Profits

Miscellaneous » Unclassified

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CREP

Challenge for Realizing Early Profits

Business » General Business

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CGOP

Company gross operating profits

Business » Companies & Firms

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ENP

Enterprising Non Profits

Miscellaneous » Unclassified

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EMRCP

Excess Maximum Return Capital Profits

Miscellaneous » Unclassified

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EPT

Excess Profits Tax

Business » Tax

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FLOP

Fire Loss of Profits

Miscellaneous » Unclassified

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FROP

Free Report Online Profits

Miscellaneous » Unclassified

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G4NP

Google for Non Profits

Computing » IT

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GOP

Great Opportunities For Profits

Miscellaneous » Funnies

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IMPALA

Imposters Make Profits All Late Afternoon

Miscellaneous » Funnies

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MP

Music Profits

Business » General Business

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NPT

Net Profits Tax

Business » Tax

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NNP

Non Negative Profits

Miscellaneous » Unclassified

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NPCT

Non Profits Coming Together

Miscellaneous » Unclassified

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NPX

Non Profits Exchange

Miscellaneous » Unclassified

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NPL

Not For Profits Licence

Miscellaneous » Unclassified

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NFNP

Numbers For Non Profits

Miscellaneous » Unclassified

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What does profits tax mean?

Profits tax
In Hong Kong, profits tax is an income tax chargeable to business carried on in Hong Kong. Applying the territorial taxation concept, only profits sourced in Hong Kong are taxable in general. Capital gains are not taxable in Hong Kong, although it is always arguable whether an income is capital in nature. The persons chargeable to profits tax includes corporations, partnerships, trustees, and sole proprietors.

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