Excess Profits Tax

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Excess profits tax

Additional federal taxes placed on the earnings of a business, used only in time of national emergency such as war.

Excess Profits Tax

A tax imposed on a company's profits over a certain amount. Excess profit taxes are imposed in order to generate more revenue for the government, especially during national emergencies. In the United States, excess profit taxes have been implemented during wartime. There are also periodic debates on whether to impose an excess profit tax on private industries thought to be necessary for consumers in order to discourage profiteering or price gouging. Particularly, oil and gas companies have been targeted for this form of the excess profit tax. See also: Windfall Tax.

excess profits tax

A temporary tax levied on business profits during a period of national emergency. For example, the federal government may levy an additional corporate income tax during wartime to generate extra government revenues.

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No references found			An Excess Profits Tax was levied on companies benefiting from war production'. A short history of taxation beards, boots, beehives ... candles, ... by New Internationalist taxpayers to claim a credit for "any income, war profits, and excess profits tax paid or accrued during the taxable year . Proposed "technical taxpayer" regulations shut down guardian and ... by Rubinger, Jeffrey L. / Florida Bar Journal An excess profits tax with a marginal rate of 93% is levied. Accounting for the journal's first 100 years: a timeline from 1905 to ... by Moussalli, Stephanie / Journal of Accountancy			Ex-Warrants Exact Interest Exact matching examination of title Examined Business Examiner Exante Average Rate of Return Excedente de reservas Excedente del consumidor Excedente do consumidor Except for Opinion exception Exceptional Item Exceptional Return Exces de la demande Exceso de demanda Excess accumulation Excess Contribution Excess Deferral Excess Demand Excess Interest Excess Kurtosis excess land Excess Loan Excess Margin Excess Profits Tax excess rent Excess Reserves Excess Return Excess Return on the Market Portfolio Excess Returns Excess Social Security Tax Withheld Excess Supply Excess-Accumulation Penalty Excess-Currency Country Excessive Insurance Excessive Purchases Excessive Trading exchange Exchange Acquisition Exchange Against Actual Exchange Controls Exchange Distribution Exchange Fund Exchange Member Exchange Members Exchange of Assets Exchange of Futures for Cash Exchange of Stock Exchange Offer Exchange Privilege			Excess Net Capital Excess Net Passive Income excess of arc Excess of Loss Excess of Loss Self-Insurance Pool Excess Officer Excess Ordering Authority excess overhang excess overhang excess overhang excess overhang Excess Parachute Payment Excess Personnel Property List Excess Post-Exercise Consumption Excess post-exercise oxygen consumption Excess post-exercise oxygen consumption Excess post-exercise oxygen consumption Excess post-exercise oxygen consumption Excess Present Value Index Excess profit Excess profit Excess profit Excess profit Excess profit tax Excess profit tax Excess profits Excess profits Excess profits Excess profits Excess Profits Levy Excess Profits Tax Excess Profits Tax of 1950 Excess Profits Tax of 1950 Excess Profits Taxes Excess Profits Taxes excess property Excess Property Laydown Yard/Scrap Metal Laydown Yard Excess Property Unit Excess Rainfall Hyetograph excess reactivity Excess Reduction Fee Excess Regulation Index Excess Relative Risk at 1 Sievert excess rent Excess Report Excess Reporting & Uniform Redistribution System Excess Reporting System Excess reserve Excess reserves Excess return Excess return on the market portfolio Excess returns Excess Share Insurance Excess Social Security Tax Withheld Excess Steam Demand Event Excess Steam Dump Event excess supply excess supply

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