HomeDefinitionsCompareDebt Accumulated profits taxThe financial definition for Accumulated profits tax:A tax on earnings kept in a firm to prevent the higher personal income tax rate that would obtain if profits were paid out as dividends to the owners. Similar MatchesAccumulated Benefit Obligation (ABO)Accumulated Benefit Obligation (ABO)An approximate measure of the liability of a pension plan in the event of a termination at the date the calculation is performed. Related: Projected benefit obligation. Accumulated dividendAccumulated dividendA dividend that has reached its due date, but is not paid out. See: Cumulative preferred stock. Click to compare definitions of Accumulated profits tax Click to view definitions beginning ac |