In fact, the Supreme Court was willing to rearrange the foreign tax formula to demonstrate that the tax was economically equivalent to an excess profits
tax--a clear rejection of the legalistic approach
from Top Prescription Drug Sales, in Millions of Dollars Excess Profits
(in Annual millions Prescriptions of Drug Maker (millions) dollars) Zocor Merck 11.
The report contends that if the developer calculated its costs according to the methodology in place when the regulatory agreement was signed with the bank, it would have $17 million in excess profits
I don't know what excess profit
means,' Barclays chief executive Matthew Barrett told the committee.
The Bells excess profits
are robbing America of vital investment capital," SPARC member Brian Moir said.
The refunds come after the excess-profit formula (as defined under state statute) indicated State Farm had an excess profit
for 1994, 1995 and 1996.
BUSINESS WIRE)--April 25, 1996--KLA Instruments Corporation announced the adoption of an Excess Profit
Stock Plan, which provides for the purchase of outstanding shares of KLA Common Stock for the benefit of participants in KLA's 401(k) retirement plan.
So if we get this cold spell the Government will have to intervene and if they do intervene, and it is costly, I for one would regard it as perfectly acceptable for them then, subsequently, to levy an excess profits
tax on the energy companies and claw that money back.
Consumers want action from politicians to tackle the excess profits
and undeserved bonuses of the big six energy companies.
He urged Chancellor George Osborne to slap a one-off excess profits
tax on the big six companies which were levying huge, inflation-busting price rises on consumers, in order to fund increased payments for those shivering in their homes.
901(b)(1), taxpayers can claim a credit for "the amount of any income, war profits, and excess profits
taxes paid or accrued .
You suggest that taxes should be levied on excess profits
of mobile operators.