Last edited by Niran
Monday, August 3, 2020 | History

3 edition of War excess-profits tax regulations No. 41. found in the catalog.

War excess-profits tax regulations No. 41.

United States. Congress. House. Committee on Printing

War excess-profits tax regulations No. 41.

by United States. Congress. House. Committee on Printing

  • 302 Want to read
  • 24 Currently reading

Published by [s.n.] in Washington .
Written in English

    Subjects:
  • Defense contracts,
  • Excess profits tax,
  • Income tax

  • Edition Notes

    Other titlesTo print war excess profits tax regulations 41
    SeriesH.rp.328
    The Physical Object
    FormatElectronic resource
    Pagination1 p.
    ID Numbers
    Open LibraryOL16129947M

      The petitioner, a domestic corporation, on Ma , filed its income and excess profits tax return for the year From this it appeared that, reckoned according to the rule commonly applicable, the tax amounted to $1,, With the return petitioner sent a written communication, addressed to the Commissioner, copied in the margin. Moore's estate made return to the collector of internal revenue for excess profits tax for the year of $,, and on Ma , paid to the collector of internal revenue $,, the amount of the tax less the credit of $ allowed for payment in advance of the time fixed by law, J

    Digest of Income and War-Excess Profits Tax Law. Sun Life Assurance Company, #DW78, Series: "World War I Pamphlets, " Folder 9. Reprinted from the Montreal Star, 19 December 11 pages. Folder 3: National Civil Liberties Bureau. The most controversial measure was the excess profits tax. As a result of the tax increases, internal revenues (primarily excise and income tax revenues) accounted for 72% of total federal revenue in and 88% by Total federal revenue increased by almost % between and

    Such a supplement to the income tax has a special appeal in time of war, because many individuals do enjoy increases of income as a direct result of the war, and also because individual proprietorships and partnerships are exempt from the excess profits tax, although their profits are sometimes substantial. The War Revenue Act of including the war income tax and the war excess profits tax, and the Federal Income Tax Law of as amended by Equitable Trust Company of New York. Published by Equitable Trust Company of New York in New York.


Share this book
You might also like

State-building and rule of law

Supplement to Osteologia avium; or, A sketch of the osteology of birds

Action makes the heart grow stronger.

Undergraduates who work while enrolled in postsecondary education

Pilipinas A to Z

Groundwater quality

little book of stress relief

Mediaeval drinking bowls of silver found in Sweden

Child nutrition programs

Paternalism or partnership?

Gentle infidel

Service sheets.

John Galsworthy

Black and red S.J.

Large domestic aplliances.

War excess-profits tax regulations No. 41 by United States. Congress. House. Committee on Printing Download PDF EPUB FB2

Get this from a library. Regulations no. 41, relative to the war excess profits tax imposed by the War Revenue act, approved October 3, [United States. Internal Revenue Service.]. Relative to the War Excess Profits Tax Imposed by the War Revenue ACT, Approved October 3, (Classic Reprint) eBook, remember to click the button under and download the file or get access to other information which are relevant to Regulations No; Relative to the War Excess Profits Tax.

Get this from a library. War excess profits tax law: imposed by the War Revenue Act, approved October 3,including Treasury Department regulations no.

Regulations no. 41, relative to the war excess profits tax imposed by the War Revenue act, approved October 3, Item PreviewPages: Regulations no. 41 relative to the war excess profits tax imposed by the war Revenue Act, Approved October 3, By United States.

Office of Internal Revenue. War excess profits tax law: imposed by the War Revenue Act, approved October 3,including Treasury Department regulations no. Manual for the oil and gas industry under the Revenue act of by United States.

Internal Revenue Service at - the best online ebook storage. Download and read online for free Manual for the oil and gas industry under the Revenue act of by United States. Internal Revenue Service. On October 3,six months after the United States declared war on Germany and began its participation in the First World War, the U.S.

Congress passes the War Revenue Act, increasing income. A U.S. person that is a tax owner of an FDE or operates an FB at any time during the U.S. person's tax year or annual accounting period. Complete the entire Formincluding the separate Schedule M (Form ), Transactions Between Foreign Disregarded Entity (FDE) or Foreign Branch (FB) and the Filer or Other Related Entities.

Full text of "The war tax service,reporting estate taxes, war-profits and excess-profits taxes, capital stock tax, stamp taxes, sales (excise) taxes, tax on telegraph and telephone messages, tax on admissions and dues, special taxes on occupations" See other formats.

A merica's response to World War II was the most extraordinary mobilization of an idle economy in the history of the world. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The Income Tax Law, the War-Profits and Excess-Profits Tax Law, the Estate Tax Law, the Capital-Stock Tax Law, and General and Administrative Provisio [Mohun, Barry] on *FREE* shipping on qualifying offers.

The Income Tax Law, the War-Profits and Excess-Profits Tax Law, the Estate Tax Law, the Capital-Stock Tax LawAuthor: Barry Mohun. Income, War Profits, and Excess Profits Taxes Paid or Accrued For tax years beginning after Decemhas an election been made under section (a)(1)(D) to translate taxes using the exchange rate on the date of payment.

In U.S. dollars (translated at the average exchange rate, as defined in section (b)(3) and related. Updated: Thursday Febru / AlKhamis Rabi’ Th / Bruhaspathivara Phalgat PM The Excess Profits Tax Act, ACT No. XV OF (For Statement of Objects and Reasons, see Gazette of India,Pt.

V, p. United States.—In the United States the “excess-profits tax” (Act of March 3 ), together with the “war excess-profits tax” (Act of Oct. 3 ), and the “war-profits and excess-profits tax” (Act of Feb. 24 ), was a natural product of the feeling that the abnormal expenses due to war should be borne so far as possible by.

History books, newspapers, and other sources use the popular name to refer to these laws. Why can't these popular names easily be found in the US Code. How the US Code is built.

Excess Profits Tax Act of Excess Profits Tax Act of Jan. 3,ch.64 Stat. 64 Stat.ch. Classification. 64 Stat.ch. 13 u.s. dep't of the treasury, regulations no. 41 relative to the war excess PROFITS TAX, IMPOSED BY THE WAR REVENUE ACT, APPROVED OCTOBER 3, arts.

Digest of federal income and war excess profits tax laws: with table showing amount of income tax on net incomes ranging from $ to $3, Income Tax Act of September 8, ; War Income Tax, War Excess Profits Tax, Act of October 3, The War Excess Profits Tax, Title II, may be considered an extreme expansion of the Munition Manufacturer's Tax, Title III of the act; or, more properly, perhaps, of Title II of the act of March 3, The new act, however, reduces the old tax from /2 per cent to 10 per cent for and discon-tinues it after December 31 of this year.

Held that the two corporations did not cease to be "affiliated" during the year (Rev. Act§ ; 41, Arts. 77 and 78), and that, in making up their consolidated return of excess profits for that year, the loss of the.

Page U. marized his views on the excess-profits tax in his annual report as Secre-tary of the Treasury in The Treasury's objections to the excess-profits tax even as a war expedient (in contradistinction to a war-profits tax) have been repeatedly voiced before the com-mittees of the Congress.in the war tax act by which a tax at the rate of 10 per cent is imposed upon the entire net profits of manufacturers of munitions.

The act of September,had im-posed this tax at the rate of per cent. It might have been expected that the general excess profits tax would replace it. Nevertheless, it is retained, for the single.

The proposed regulations define a relevant foreign tax law as, with respect to a CFC, any regime of any foreign country or possession of the United States that imposes an income, war profits, or excess profits tax with respect to income of the CFC, other than a foreign anti-deferral regime under which an owner of the CFC is liable to tax.