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Definition of

recoverable ACT


former part of UK corporation tax formerly in the United Kingdom, advance corporation tax that could be set against the corporation tax payable for the period

Definitions of ’recoverable ACT’ and meaning of ’recoverable ACT’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’recoverable ACT’ and other financial terms with our online QFINANCE Financial Dictionary.

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