Question

what are undistributed profits ?​

Answer 1

Answer:

The undistributed profits tax was enacted in 1936 by the United States administration of President Franklin D. Roosevelt, during the Great Depression. The UP tax was a revenue program for FDR's New Deal

Answer 2

Answer:

Profit earned by an organization but not distributed to its shareholders by way of dividends. Such sums are available for later distribution but are frequently used by companies to finance their activities. ............

Explanation:

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