excess profits tax
excess profits tax 〈美〉 (1)超额利润税 指对超额利润征收的一种所得税，它以超过纳税人的投资额一定比例的净收入为基础，并规定了不断增长的税率。这种税一般是在国家处于紧急状态下(如战时)才征收，以制止牟取暴利。 (2)(=accumulated-earnings tax)
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excess-profits tax
excess profits tax
A tax levied on profits that are beyond a business’s normal profits. • This type of tax is usu. imposed only in times of national emergency (such as war) to discourage profiteering. [Cases: Internal Revenue 4130–4136. C.J.S. Internal Revenue § 670.]
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