excess pro fits tax's

excess-profits tax

[ek-ses prof-its]
noun
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.

Origin:
1910–15

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To excess pro fits tax's
Explore Dictionary.com
Previous Definition: excess luggage
Next Definition: excess pro fits taxes
More from Thesaurus.com
Synonyms and Antonyms for excess pro fits tax's
More from Reference.com
Search for articles containing excess pro fits tax's
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature