Impact of Recent Tax Stimulants on Modest Enterprises

Authors

L. Hart Wright, University of Michigan Law SchoolFollow
Jerome B. Libin, University of Michigan Law SchoolFollow

Abstract

The recession year 1958 found Congress in a mood to "aid and encourage small business" through more favorable tax treatment. The thrust of the ensuing legislation touched in varying degrees the whole life span of a modest enterprise, from organization through liquidation. The focus here, however, will be confined to a consideration of the practical impact of the recent statutory changes on the organizational and ordinary operational phases of such a business.

Recommended Citation

L. H. Wright & Jerome B. Libin, Impact of Recent Tax Stimulants on Modest Enterprises, 57 Mich. L. Rev. 1131 (1959).
Available at: https://repository.law.umich.edu/mlr/vol57/iss8/2