What does EPT stand for?

An act of October 16, 1934 removed the exemption on business taxes for many types of businesses and increased the progressivity of the business taxes; an act of August 27, 1936 raised the general business tax rate from 20 percent to 25 percent and to 30 percent for each year thereafter; then on July 25, 1938 corporate profits of more than 100,000 Reichmarks per year were subjected to an additional tax of 35 percent, with that rising to 40 percent for each year thereafter; and on March 20, 1939, the Nazis imposed an excess profits tax.

An Excess Profits Tax was levied on companies benefiting from war production'.

Obama has proposed an excess profits tax on Big Oil to finance a $1,000-per-family energy rebate to deal with high fuel costs.

The tax code adopted in 1942 "instituted an excess profits tax of 80 percent but also allowed companies to write off up to 80 percent of their advertising costs by including them in their overall expenses," Horten notes.

169) Hicks uses the term "war profits" to describe a carefully targeted windfall profits tax (WPT), in contrast with a general tax on "high" profits whether or not they arise due to wartime spending--an excess profits tax (EPT).

person who pays income, war profits, or excess profits tax to a foreign country may credit the amount of such taxes against her U.

A large range of taxes applies to royalty/tax agreements, of which the most important are income tax at 30%, and an excess profits tax levied at a rate agreed in individual contracts, based on the project's real rate of return.

By 1944, the excess profits tax rate had risen to 95 percent.