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excessprofits tax
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excess-profits tax
/
ˈɛk
sɛs ˈprɒf
ɪts
/
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[
ek
-ses
prof
-its
]
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excessprofits tax
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excessprofits tax
–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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[ek-ses prof-its] 
