...In business I any state or territory of the United States or In Alaska or in the District of Wumbia, shall be subject to pay annually a special excise tax with respect to the arrying on or doing business by such corporation, Joint stock company or assoclaIOB, or insurance company,...

...business in any State or Territory of the United States or in Alaska or in the District of Columbia, shall be subject to pay annually a special excise...carrying on or doing business by such corporation, joint-stock company or association, or insurance company equivalent to one per centum upon the entire...

...United States, supra. Treasury Department regulations 64, in effect on June 30, 1941, relating to the special excise tax with respect to the carrying on or doing business provided, so far as material to the first cause of action, as follows : ART. 41. Nature and rate of...

...direct tax on property, but as an excise tax on privilege. The phraseology of the Act itself is — " A special excise tax with respect to the carrying on or doing business by such corporation," etc. Undoubtedly Congress has power to impose an excise tax upon occupation or business. This was expressly...

...the privilege of the use and enjoyment of large land holdings, based upon their unimproved value, and a special excise tax with respect to the carrying on or doing business by corporations, Joint-stock companies, or associations; to the Committee on Ways and Means. Also, a bill...

...profit and having a capital stock represented by shares * * * and engaged in business in any state * * * shall be subject to pay annually a special excise...carrying on or doing business by such corporation. * » * " US Сотр. St. 1913, § 6300. The defendant there, a railroad corporation, after operating...

...power is entitled to much weight, and in this statute the intention is expressly declared to impose a special excise tax with respect to the carrying on or doing business by such corporation. . . ." Flint v. Stone Tracy Co., 220 US 107, 145, per Mr. Justice Day. ' 36 STAT. AT L. 112. 10 Flint...

...organized for profit and having a capital stock represented by shares, and every insurance company, . . . shall be subject to pay annually a special excise...carrying on or doing business by such corporation, joint stock. company or association, or insurance company, equivalent to one per centum upon the entire...

...the passage of the corporation tax law, as a part of the Payne Tariff law of 1909. This law levied a special excise tax with respect to the carrying on or doing of business by corporations, joint stock companies and insurance companies organized for profit and...

...business in any State or Territory of the United States or in Alaska or in the District of Columbia, shall be subject to pay annually a special excise...carrying on or doing business by such corporation, joint stock company or association, or insurance company, equivalent to one percentum upon the entire...