excess-profits tax
noun
: a tax imposed especially during war on business profits that are in excess of the average profits over a specified base period, of a specified rate of return on invested capital, or of a specified rate of return on certain military contracts
Dictionary Entries Near excess-profits tax
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“Excess-profits tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excess-profits%20tax. Accessed 26 Nov. 2024.
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