Home > Journals > Michigan Law Review > MLR > Volume 41 > Issue 5 (1943)
Abstract
The capital stock tax is an excise tax levied not on the business itself but on the exercise of the privilege of doing business in a corporate capacity; hence the determination of tax liability involves a decision in each case as to whether the corporation is carrying on or doing business within the meaning of the tax statutes.
Recommended Citation
James E. Dunlap,
TAXATION-CAPITAL STOCK TAX-WHAT CONSTITUTES "DOING BUSINESS",
41
Mich. L. Rev.
943
(1943).
Available at:
https://repository.law.umich.edu/mlr/vol41/iss5/11