The Commissions conclusion that the tax scheme confers selective advantages to multinational companies that benefitted from an excess profits
tax ruling seems at odds with recent case law of the General Court.
at 1905 (characterizing British excess profits
tax as income tax under U.
901, which specifically restricts the foreign tax credit to foreign "income, war profits, and excess profits
11] An excess profits
tax was also in effect from July 1950 through
The expected effect of the cartel is to increase the market price so that producers can earn excess profits
The annual excess profits
filing involves a five-year cycle.
The excess profits
tax and the wartime hikes in corporate income tax rates were considered serious threats to the economy's postwar recovery.
The Garden Village Post Office in my local area, Gosforth, is a profitable post office whose excess profits
go back to the Post Office and not the sub-postmaster.
Any excess profits
from the event, being held under the patronage of Labour Minister Dr Majeed Al Alawi, will fund projects to support education and training of youngsters and needy families.
MORE than half the UK's small business managers would invest 2007 excess profits
beyond target back into their firm, an Abbey Business Banking Survey has shown.
2 billion were awarded to vendors with past over-claims of $350,000 or more and excess profits
greater than 4.
These same vehicles paid the staggering sum of $39,133,000 in operating taxes, exclusive of income and excess profits
Treasury, The Institute conducts survey on whether companies want filing extensions for income and excess profits
The $4 billion in excess profits
is lunch money to those folks.
Multiplying this differential by the number of prescriptions in the Medicare plan reveals the excess profits
earned by the industry for each drug--in just one year of the program.