Special Taxes
There are many federal tax rules designed to prevent people from abusing the tax system. Provisions related to these taxes are often complex. Such rules include:
- Accumulated earnings tax on corporation accumulations in excess of business needs,
- Personal holding company taxes,
- Passive foreign investment company rules, and
- Controlled Foreign Corporation provisions.
Read more about this topic: Income Tax In The United States
Famous quotes containing the words special and/or taxes:
“‘I mean to retire, where
Nobody will have heard about my special skills
And conversation is mainly about the wearther.”
—Eiléan Ní Chuilleanáin (b.1942)
“...if I were to be murdered I would not want my murderer executed. I would not want my death avenged. Especially by government—which can’t be trusted to control its own bureaucrats or collect taxes equitably or fill a pothole, much less decide which of its citizens to kill.”
—Helen Prejean (b. 1940)