The Effect of Federal Income Tax Legislation on Accounting Theory and Practice

Author

Paul Raidy, Marquette University

Date of Award

6-1926

Degree Type

Bachelors Essay

Degree Name

Bachelor of Science (BS)

Department

Business Administration

First Advisor

Avery L. Carlson

Second Advisor

J.F. Pyle

Abstract

"The income tax is a tax levied or imposed on income, gain, or profits. It is fundamentally different from other established forms of taxation, such as excise and property taxes, in that the underlying theory of the tax is based on the assumption that the taxpayer shall contribute to the cost of government tn proportion to the gain or profit he has realized either through a return or yield on wealth or because of productive effort."

Comments

A Thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Science in Business Administration, College of Business Administration of Marquette University, Milwaukee, Wisconsin

Recommended Citation

Raidy, Paul, "The Effect of Federal Income Tax Legislation on Accounting Theory and Practice" (1926). Bachelors’ Theses. 1164.
https://epublications.marquette.edu/bachelor_essays/1164