EXCESS-PROFITS TAX


Meaning of EXCESS-PROFITS TAX in English

/ek"ses prof"its/

a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital.

[ 1910-15 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .