Special Preparedness Fund Act of 1917
![]() | This article does not cite any sources. (November 2008) |
The Special Preparedness Fund Act of 1917 provided for a "special preparedness fund for army, navy, and fortification purposes" through an excess profits tax on corporations and partnerships equal to 8% of the amount by which their net income exceeded $5,000 plus 8% of the "actual capital invested."
Categories:
- 1917 in American law
- United States tax law
- United States federal legislation
- United States law stubs