The Development of Corporation Taxation in the State of New York
The book The Development of Corporation Taxation in the State of New York was written by author Hunter, Merlin Harold, 1887-1948 Here you can read free online of The Development of Corporation Taxation in the State of New York book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Development of Corporation Taxation in the State of New York a good or bad book?
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xxi. PROBLEMS AND DIFFICOLTlESj GENERAL TAX ON CORPORATIONS 47 many cases enforcement is practically impossible. This system may have been fairly efficient when it was inaugu- rated for then there were only some two thou- sand corporations on the taxing list, but there are now more than forty thousand demanding the attention of the bureau. More than five per cent of these, moreover, are delinqunt in some way every year. To expect the Attorney-General annually to commence proceedings in over eig...ht hundred cases is unreasonable. Annulment of the charter' by the Comptroller in cases of intentional de- linquency would perhaps be an adequate remedy. This would have the incidental advantage of doing away with a number of corporations which exist only on paper. The taxation system has been severely criticized be- cause it does not place the same burden upon individuals as is placed upon corporations. By individuals is meant the large business organizations in the form of partnerships. The regulations applicable to corporations do not apply to individuals.
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