Excess Profits (Including Excess Mineral Rights) Duty And Levies Under the ...
Excess Profits (Including Excess Mineral Rights) Duty And Levies Under the ...
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If they had done so the company could not have recouped themselves, inasmuch as the accounting period ended before 1st July, 1915.
Digitized by Google CHAPTER VIII The Computation of Profits : the effect of Income Tax and Colonial and Foreign Taxation ; also the effect of Excess Profits Duty on the Income Tax computation 1 EXCESS PROFITS DUTY : NO ALLOWANCE FOR EXCESS PROFITS DUTY OR INCOME TAX — INCOME TAX : ALLOWANCE FOR EXCESS PROFITS DUTY AND ADJUSTMENT FOR EXCESS PROFITS DUTY REPAID — COLO...NIAL OR FOREIGN TAXATION — COLONIAL EXCESS PROFITS DUTY.
51. In computing liability to Excess Profits Duty, S^D^ty no allowance is to be made on account of any payment JgUf*** of Excess Profits Duty or of Income Tax.
As regards "controlled firms/' Munitions Acts levies are equivalent to Excess Profits Duty pay- ments in this connection. (See Chapter XX.) See Rules 54 and 55 as regards foreign and colonial taxation.
Corporations Profits Tax may not be deducted from profits in computing liability to Excess Profits Duty.
What to read after Excess Profits (Including Excess Mineral Rights) Duty And Levies Under the ...?
You can find similar books in the "Read Also" column, or choose other free books by W E Walter Edward Snelling to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If they had done so the company could not have recouped themselves, inasmuch as the accounting period ended before 1st July, 1915.
Digitized by Google CHAPTER VIII The Computation of Profits : the effect of Income Tax and Colonial and Foreign Taxation ; also the effect of Excess Profits Duty on the Income Tax computation 1 EXCESS PROFITS DUTY : NO ALLOWANCE FOR EXCESS PROFITS DUTY OR INCOME TAX — INCOME TAX : ALLOWANCE FOR EXCESS PROFITS DUTY AND ADJUSTMENT FOR EXCESS PROFITS DUTY REPAID — COLO...NIAL OR FOREIGN TAXATION — COLONIAL EXCESS PROFITS DUTY.
51. In computing liability to Excess Profits Duty, S^D^ty no allowance is to be made on account of any payment JgUf*** of Excess Profits Duty or of Income Tax.
As regards "controlled firms/' Munitions Acts levies are equivalent to Excess Profits Duty pay- ments in this connection. (See Chapter XX.) See Rules 54 and 55 as regards foreign and colonial taxation.
Corporations Profits Tax may not be deducted from profits in computing liability to Excess Profits Duty.
What to read after Excess Profits (Including Excess Mineral Rights) Duty And Levies Under the ...?
You can find similar books in the "Read Also" column, or choose other free books by W E Walter Edward Snelling to read onlineMoreLess
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