Download Full Text (31.3 MB)

Download Front Matter, Foreword, and Table of Contents (186 KB)

Download Table of Cases (932 KB)

Download Harley L. Lutz - A Tax Policy to Meet the Present Emergency (761 KB)

Download Randolph E. Paul - A Tax Policy to Meet the Present Emergency (708 KB)

Download Economic Aspects of the Tax on Corporate Income (828 KB)

Download Taxing Corporate Profits: Policy Considerations (471 KB)

Download Albert W. Adcock - Taxation of Co-operatives (2.3 MB)

Download Wilfrid E. Rumble - Taxation of Co-operatives (906 KB)

Download Constitutional Limitations on States in the Taxation of Business Enterprise (653 KB)

Download The Legislative and Administrative Aspects of State Taxation of Business Enterprise (611 KB)

Download Intergovernmental Fiscal Relations (557 KB)

Download Canadian Experience in Co-ordinating Federal and Provincial Taxing Powers (613 KB)

Download The Impact of the Federal Tax Laws on Income from Foreign Trade (1.0 MB)

Download American Business Abroad and Tax Treaties (810 KB)

Download Taxation of Blocked Foreign Income (596 KB)

Download Some Latter Day Developments in the Taxation of Liquidating Distributions (1.3 MB)

Download Current Problems Under the Internal Revenue Code Respecting Distributions Pursuant to Corporate Recapitalizations and Reorganizations (1.1 MB)

Download A Technical Revision of the Federal Income Tax Treatment of Corporate Distributions to Sharehold (3.5 MB)

Download Choice of the Form of Business Organization (1.5 MB)

Download The Surtax on Improper Accumulation of Surplus by Corporations: Section 102, Its Philosophy, Administration and Construction (819 KB)

Download Salary Limitations-What Is "A Reasonable Allowance for Salaries or Other Compensation for Personal Services" and What is the Scope of the Commissioner's Power Thereunder? (2.5 MB)

Download Deferred Compensation Plans (774 KB)

Download Employee Stock Options (1.1 MB)

Download Determination of Excess Profits Credit Based on Income (870 KB)

Download Determination of Excess Profits Credit Based on Invested Capital (1.8 MB)

Download Commentary on General Relief Under the Excess Profits Tax Act of 1950 (2.6 MB)

Download Some Special Problems Relating to the Excess Profits Determination (992 KB)


The problems relating to the taxation of business enterprise cover a wide area. Economic considerations and policy problems, always present and always important, assume added significance in a crisis period marked by high budgets and the need for increased revenues. The interpretation and application of the tax laws, notably the federal income tax statutes, create problems as numerous as they are difficult and complex. Here is an area of interest that challenges the attention and interest of legislators, economists, lawyers, accountants, corporate executives and public administrators.

In its choice of the general theme for the 1951 Summer Institute and in the development of the program, the committee in charge aimed its efforts at a treatment of the general subject that would take into account the wider aspects of the subject as well as the strictly legal questions. Examination of the table of contents will indicate the range of the topics included in the Institute program. Every student of the general subject, no matter what his area of professional concern, will find his interest attracted to one or more facets of the program as reported in this volume.

Publication Date



University of Michigan Law School


Ann Arbor


Summer institute on international and comparative law, economic and policy considerations, corporate taxes, taxation of business enterprise, business taxes, stockholders, corporate income tax


Comparative and Foreign Law | Taxation | Tax Law

Lectures on Taxation of Business Enterprise