for Government purposes (e.g. goodwill). Moreover addition to a cost which has only allowed for depreciation at Inland Revenue rates. It does not by any means mean a distribution of 8% to shareholders. If, for example, 4% less tax were regarded as a fair distribution to shareholders the remaining 4% (2% after deduction of income tax) would have to meet a number of charges. It must absorb the effect of any difference between the actual capital and what was taken as the capital employed in the contract.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB71
- Document Reference
- CAB 71/10/11
- Document Types
- Memorandum
- File Reference
- CAB 71/10
- Former Department Reference
- LP(42) 209
- Identifier
- 10.1080/wtss.cab71.000010.011
- Keywords
- Aircraft Business Coal Cotton Electricity Industry Investment Iron Metals Motor Vehicles Price Controls Productivity Steel Taxation Textiles
- Language
- English
- Organizations Discussed
- HM Treasury Inland Revenue Lord President's Committee
- Pages
- 5
- Published in
- United Kingdom
- Themes
- Industry Infrastructure the Wartime Economy Manufacturing Materials
