Hasil untuk "Revenue. Taxation. Internal revenue"

Edward S. Adams, Arijit Mukherji

J. Stark

M. Eller

H Padamchand Khincha

As taxation policy seeks to recognise substance over form, it is important to view ESOPs as a whole at the international level, in the same way as they are generally given special treatment at the national level. The problem will become more acute as the labour market becomes more mobile. Increasingly, ESOPs are used to reward senior executives. As long as they fall within the favourable or particular treatment given to ESOPs in most jurisdictions, there is scope for significant double or non-taxation.

M. J. Wasserman, James F. Tucker

R. Stark, Fortney Pete

Darrell L. Oliveira

R. Dornan, K. Robert

Kenneth G. Anderson

J. Mutti

DE Beers

I. Bloom

Rep Kleczka, D. Gerald

Fama Aj

W. Paul

The present generation of taxpayers not only has practically all the forms of taxation known to the ancients but have to deal with new and spectacular taxes designed to produce the revenue necessary to carry on the greatest activities ever undertaken by any government. War and defense expenditures have required the imposition of taxes of dramatic proportions. The most important of these war-developed taxes has been the excess profits tax. This tax was used during the First World War and existed from 1917 to 1920. When peace returned to the country it was promptly repealed as an unnecessary peacetime tax and remained off the statute books until the imminence of war in 1940 brought it back. It remained apart of the U.S. Internal Revenue Code throughout the years 1940 to 1945. When peace again returned to the nation it was promptly repealed. The important principle of the excess profits tax is the exemption from excess profits taxation of the earning capacity of the corporation prior to the advent of the national emergency. It does not attempt to tax any profit, abnormal though it may be, so long as the profit is not due to the expanded economy as a result of the national defense effort.

James A. Davlin

D. Quayle