From sword to shield
Subtitle: the transformation of the corporate income tax, 1861 to present
By: Steven A. Bank
Publisher: Oxford University Press
Published: 2010
Place of publication: New York
Language: eng
Number of pages: 271
ISBN-13: 9780195326192
Description: This historical account of the evolution of the corporate income tax in America explains the origins of corporate income tax. Banks shows that political, economic, and social forces transformed it from a sword against evasion of the individual income tax to a shield against government and shareholder interference.
Notes: Includes bibliographical references and index.
Table of contents: title: The roots of a corporate tax; title: From industry taxes to corporate taxes; title: Corporate tax at the turn of the century; title: The rise of the separate corporate tax; title: Nonrecognition and the corporate tax shield; title: The origins of double taxation; title: The lost moment in corporate tax reform; title: The present and future of corporate income taxation.