Profitable amount to pay Tax on

[JPWilliams007]

Morning,

Does one pay tax on the profit amount before dividends paid or after dividends paid?

Thanks,

[Andromeda]

Excluding dividends.
Dividends are declared out of retained earnings and are not an expense.

[BusFact]

To confirm, Andromeda is saying income tax is paid on the amount before dividends are paid.