...i thereafter organized under the laws of any foreign country and engaged 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...

...or hereafter organized under the laws of any foreign country and engaged in business in any State or Territory of the United States or in Alaska or in...carrying on or doing business by such corporation, joint-stock company or association, or insurance company equivalent to one per centum upon the entire...

...organized under the laws * * * of any State or Territory of the United States * * * Opinion of th« Conri. shall be subject to pay annually a special excise...carrying on or doing business by such corporation * * * equivalent to one per centum upon the entire net income over and above $5,000 received by it...

...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...

...ever' corporation . . . organized for profit and having a capital stock represented by shares . . . shall be subject to pay annually a special excise...carrying on or doing business by such corporation . . . equivalent to one per centum upon the entire net income over and above Five thousand dollars...

...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...

...be levied according to population. As the corporation tax is not a tax on property, but " a special tax with respect to the carrying on or doing business by such corporation," we do not believe that it will be held by the courts to be a direct tax within the meaning of the Constitutional...

...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...