The applicable rate applies on the entire wage, with no ceiling.

If those profits subsequently are distributed, the company generally would owe taxes at the applicable rate.

This will be based on the value and at the rate applicable to the scrap.

In 1993/94 the rate applicable to trusts is 35 per cent.

If you are charging sales tax, you need be familiar with applicable rates.

The following are the rates applicable to some common goods and services:

In such cases, interest is paid at the rate applicable at the time of withdrawal.

Therefore, the employer must list the highest of these applicable rates.

The gain is then subject to tax at the applicable marginal rate of corporation tax.

The applicable rate of corporate income tax is assumed to be 35%.