Also, a deduction equivalent to 100 per
cent of the profit generated for 5 consecutive years since the establishment of the business can be availed by such assesse.
Not exact matches
Only a few thousand
of Canada's businesses are publicly traded, and private firms
generate roughly 70 per
cent of all corporate
profits.
A MERE two per
cent of Australian businesses with an Internet presence reported a
profit from transactions
generated from and through their websites during 1999, according to a study by Marketing Focus research team leader Barry Urqhuart.
Treasury, the home
of Penfolds, Wolf Blass and Beringer, delivered its standard cracker
of a result on Wednesday, easily beating earnings forecasts with 25 per
cent increase in earnings before interest tax and self -
generating and regenerating assets (its preferred
profit measure) to $ 283.3 million, well ahead
of analyst forecasts
of EBITS
of $ 265 million.
In Australia, which
generates 70 per
cent of group
profits, beverage volumes rose 2.8 per
cent in the six months to July 3, a turnaround from recent trends.
Mr Clarke has been at the helm
of the maker
of Penfolds, Wolf Blass and Wynns for four years and its Asian business alone
generated a 48 per
cent rise in
profits in the first half
of 2017 - 18 to $ 117 million from soaring sales.
Treasury, which lifted
profits from sales to Asia by 48 per
cent to $ 117 million in the first half
of 2017 - 18 driven by its Penfolds and Wolf Blass brands, is in the early stages
of trying to elevate the status
of its Californian brands in the China market, but sales are only a tiny fraction
of those
generated by the powerful Australian brands.
The gulf between the top and bottom
of the Penfolds range is one
of the great conundrums for the brand, which makes up 75 per
cent of the total
profits generated by Treasury Wine Estates.
He also pointed out that the Lib Dems are planning only one new tax in order to
generate revenue — a ten per
cent levy on the
profits of banks.
Even before the price
of oil crashed, revenue
generated from Alberta's shrunken taxes on personal income and corporate
profits covered only about 40 per
cent of the cost
of public services, compared to about 60 per
cent in other provinces.
LexisNexis
generated 42 per
cent of overall
profits as its adjusted operating
profit rose by 13 per
cent to # 665m.