a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use excess-profits tax in a sentence
Six days ago individual income taxes were reduced and the excess profits tax expired.
He never tells me exactly, but he did speak once about the absurdity of the excess-profits tax.First Plays | A. A. Milne
It now pays forty-four per cent after deducting the excess profits tax.Heartbreak House | George Bernard Shaw