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CORPORATION TAX refers to direct taxes charged by various jurisdictions on the profits made by companies or associations. As a general principle, this varies substantially between jurisdictions. In particular allowances for capital expenditure and the amount of interest payments that can be deducted from gross profits when working out the tax liability vary substantially. Also, tax rates may vary depending on whether profits have been distributed to shareholders or not.
MID-CAP is a stock with a capitalization, total equity value, between $500 million and $5 billion.
NET ASSETS is the difference between total assets and current liabilities including non-capitalized long-term liabilities.
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