Excess Profits Tax
(redirected from Excess Profits Taxes)

Also found in: Encyclopedia, Wikipedia

0.03 sec.

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.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			It was not offset against income tax, but the sum of income and excess profits taxes was capped at a given percentage of income (from 62 percent to 70 percent). Table 24. U.S. Corporation income tax: tax brackets and rates, ... by Statistics of Income. SOI Bulletin Cumulative returns on the Karakuduk field have now reached a level that requires ZAO Karakudukmunay to pay Excess Profits Taxes. Chaparral Resources announces unaudited preliminary 2005 results and ... by PR Newswire The Subsections that follow first contrast the two major extraordinary profits taxes imposed by the federal government since it has had the ability to impose such levies: the excess profits taxes imposed during the two world wars and the windfall profits tax imposed on oil producers in the wake of OPEC's successful price hikes in the 1970s. Windfalls by Kades, Erick / Yale Law Journal			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 Profits Taxes 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 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 Excess profits tax Excess Profits Tax of 1950 Excess Profits Tax of 1950 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 Excess urine production Excess urine production Excess urine production Excess Water Storage Capacity

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

Excess Profits Tax (redirected from Excess Profits Taxes)

Excess Profits Tax
(redirected from Excess Profits Taxes)