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excess profits taxes

 - 1 dictionary result

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. 2009.
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