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:
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—Ralph Waldo Emerson (1803–1882)