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advertised allowed amount apparent average basis brands Bureau buyer capital cents changes chart classes commodities companies compared competition concentration considerable consumer corporations cost decline deduction delivered direct distribution dividends economic effect electric equalization estimates example extent factors Federal flexibility freight gains Government highest IIIA important included income recipients income taxes increase indicated individual industries influence interest Labor Statistics less limited lines losses manufacturers materials means measures operating paid payments percent percentages period practice present probably profits proportions purchasing received reduced relation relative reported represent result retail retail price returns sellers selling share sold Source specific Statistics structure tion trade types uniform United usually various vary VIII zone
Page 48 - ... dividends upon stock of other corporations, joint stock companies or associations, or insurance companies, subject to the tax...
Page 38 - For the purpose of this section two or more domestic corporations shall be deemed to be affiliated (1) if one corporation owns directly or controls through closely affiliated interests or by a nominee or nominees substantially all the stock of the other or others, or (2) if substantially all the stock of two or more corporations is owned or controlled by the same interests.
Page 94 - personal service corporation" means a corporation whose income is to be ascribed primarily to the activities of the principal owners or stockholders who are themselves regularly engaged in the active conduct of the affairs of the corporation and in which capital (whether invested or borrowed) is not a material income-producing factor...
Page 112 - That (a) the actual cash value of patents and copyrights paid in for stock or shares in such corporation or partnership, at the time of such payment, shall be included as invested capital, but not to exceed the par value of such stock or shares at the time of such payment, and...
Page 48 - ... the amount received as dividends upon the stock or from the net earnings of any corporation, joint stock company, association, or insurance company, which is taxable upon its net income as hereinafter provided...
Page 5 - To meet the situation I have described, there should be a thorough study of the concentration of economic power in American industry and the effect of that concentration upon the decline of competition.
Page 61 - heavy industries,' changes in methods of selling, and the widening use of corporate forms of business organization are bringing, if they have not already brought, the era of competitive capitalism to a close.
Page 91 - ... higher minimums than they desired in some instances. The committees are not permitted, supposedly, by law to dictate what the minimum prices shall be, but they are doing just that by refusing to approve contracts containing prices which do not give the retailer what they consider to be a fair profit margin. In most cases the committees are insisting on a mark-up of at least 20 percent and usually 33% per cent.
Page 39 - As used in this paragraph, the term "railroad" includes a street, suburban, or interurban electric railway, or a street or suburban trackless trolley system of transportation, or a street or suburban bus system of transportation operated as part of a street or suburban electric railway or trackless trolley system. As used in this subsection (except in paragraph (3)) the term "stock" does not include nonvoting stock which is limited and preferred as to dividends.
Page 68 - ... (2) Corporations which have invested earnings in securities or other properties unrelated to their normal business activities. (3) Corporations which have advanced sums to officers or shareholders In the form of loans out of undistributed profits or surplus from which taxable dividends might have been declared. (4) Corporations, a majority of whose stock is held by a family group or other small group of individuals, or by a trust or trusts for the benefit of such groups.