Tax Excess Profits!

Gissen, Max
June 1941
New Republic;6/2/41, Vol. 104 Issue 22, p755
Criticizes the Excess-Profits-Tax Act of the U.S. as of 1941. Evasion of excess-profits tax by many business enterprises due to loopholes in the tax act; Scope of expansion in defense work and business and subsequent need for an amendment in the act; Overview of the Department of Treasury's new proposal related to the act which is based on invested-capital method; Implications of the application of effective excess-profits-tax principles on four major steel companies of the U.S.


Related Articles

  • Taxation Sense and Nonsense.  // New Republic;5/20/36, Vol. 87 Issue 1120, p31 

    Focuses on proposed legislative bill on tax corporate surpluses,in the U.S. Objections to the bill, led by the Congress; Complexity of a draft produced by House Committee in an effort to meet the objections; Estimation of George O. May of Price Waterhouse and Co., that the bill would not produce...

  • Can We Tax Corporations?  // New Republic;12/8/26, Vol. 49 Issue 627, p56 

    Editorial. Provides some insights into the benefits and limitations of corporate taxation in the U.S. during 1926. Proposals for the reduction of the levy on corporate net incomes; Problems in the non-taxation of dividends and personal income returns of corporate executives and businessmen;...

  • Actions on Inversions Impede but Don't Resolve Trend. Ruffner, William G.; Wilkes, Kevin // Pennsylvania CPA Journal;Winter2015, Vol. 85 Issue 4, p16 

    The article focuses on increasing practices of inversion in the U.S. It states that inversion is being carried out by companies to reduce tax, according to the U.S. Department of the Treasury. It adds that the Treasury has issued Notice 2014-52, which discourages corporate inversions and...

  • Ghana plans to present a mining windfall tax bill to parliament.  // World Mining News;11/25/2013, p1 

    The article informs that Ghana government is planning to introduce a mining windfall tax bill to parliament.

  • How Should Advisors Approach Corporate Inversions? Corbin, Kenneth // Financial-planning.com;10/1/2014, p27 

    The article examines how financial advisors should deal with corporate inversions, the strategy of American multinational companies to merge with foreign firms and establish overseas corporate headquarters for tax purposes. Topics covered include U.S. President Barack Obama's view of inversions...

  • Five firms agree to fund PPIP.  // Journal of Property Management;Jan/Feb2010, Vol. 75 Issue 1, p18 

    The article reports on the five firms which invested in the U.S. Department of Treasury's Public Private Investment Program (PPIP) to buy toxic real estate-related assets.

  • New Corporate Estimated Tax Rules: Calculating Annualized Income Isn't What It Used to Be. Auclair, David; Shevak, Richard // Tax Executive;Fall2007, Vol. 59 Issue 5, p429 

    The article discusses corporate estimated tax rules and calculating annualized income. According to the article the U.S. Internal Revenue Service (IRS) and the Department of the Treasury issued final regulations to corporate estimated taxes under section 6655 of the Internal Revenue on August 6,...

  • Treasury and IRS delay anti-inversion earnings-stripping documentation rules. Cohn, Michael // Accountingtoday.com;7/29/2017, p5 

    No abstract available.

  • Notice 2014-52: IRS Attempts to Shut the Door on Inversions. Jackman, Patrick; Tretiak, Philip // International Tax Journal;Nov/Dec2014, Vol. 40 Issue 6, p27 

    The article offers information on the history, purpose and benefits of the issuance of Notice 2014-52 by the U.S. Treasury Department (Treasury) and Internal Revenue Service (IRS), which addresses the threats of the corporate inversions by the U.S. corporations. It informs that the Notice offers...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics