EPISODE · Mar 4, 2023 · 34 MIN
Remembering When The Corporate Tax was Accidentally Cancelled. A Chat with Jim Wetzler.
from Tax Chats · host Dyreng and Hoopes
Send us Fan MailWe chat with James Wetzler about the time a legislative mistake accidentally abolished the corporate tax in 1975. This leads to other discussions, including when the New York State Tax Authorities tried to impose sales tax on a kids lemonade stand, the dilemma that arose when the tax authorities seized pornographic videos from a delinquent taxpayer, and the strange situation where an IRS auditor uncovered evidence of a murder.Near the end, we also briefly discuss the deterrent effect of the new excise tax on share repurchases.
What this episode covers
Send us Fan Mail We chat with James Wetzler about the time a legislative mistake accidentally abolished the corporate tax in 1975. This leads to other discussions, including when the New York State Tax Authorities tried to impose sales tax on a kids lemonade stand, the dilemma that arose when the tax authorities seized pornographic videos from a delinquent taxpayer, and the strange situation where an IRS auditor uncovered evidence of a murder. Near the end, we also briefly discuss the deterr...
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Remembering When The Corporate Tax was Accidentally Cancelled. A Chat with Jim Wetzler.
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