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International Tax Blog - New and Interesting International Tax Issues


Famous Tax Quotes - Earnings and Profits

2013-12-15

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Continuing our series on Famous Tax Quotes (quotes from court opinions and rulings with language that is colorful or that concisely states an important tax principle) today's tax quote is:

"[T]he calculation of earnings and profits is not easy or obvious."

Welle v. Commr., 140 T.C. 420 (2013)

Tags: Other - Famous Tax Quotes