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Corporation tax

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 239 U.S. 69 - Anderson v. Forty-Two Broadway Co. · 1915Most cited · 84 citing opinions

The act of 1909 was not in any proper sense an income tax law, nor intended as such, but was an excise upon the conduct of business in a corporate capacity, the tax being measured by reference to the income in a manner prescribed by the act itself.