Publisher's Synopsis
Excerpt from Corporation Tax Proposals: August 31, 1942
Since the 100-percent tax was operative, the amount subject to post-war credit is the difference in the tax computed at the 100 - percent rate and the tax computed on the basis of the 10 - percent alternative tax. This difference of shown in line 24 is subject to post-war credit of 20 percent of the difference, i. E., 20 percent of the amount in excess Of tax at the point where the 100-percent rate begins to operate. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
