The United States Revenue Act of 1926, 44 Stat. 9, reduced inheritance and personal income taxes, cancelled many excise imposts, and ended public access to federal income tax returns.
Passed by the 69th Congress, it was signed into law by President Calvin Coolidge.
The act was applicable to incomes for 1925 and thereafter.
Read more about Revenue Act Of 1926: Tax On Corporations, Tax On Individuals
Famous quotes containing the words revenue and/or act:
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