In this edition of the Global Pricing Newsletter, the Sidley Austin LLP Global Life Sciences team reports on important developments in Australia, Belgium, Canada, China, the On January 11, 2016, the European Commission issued a state aid decision concerning the Excess Profit
tax scheme applicable in Belgium since 2005.
section] 901(b)(1) of the Internal Revenue Code and noted that "income, war profits, and excess profits
McLure and Zodrow provide compelling evidence that the proposed Bolivian tax was economically equivalent to an excess profits
tax and thus should have been creditable under Sec.
Suppose now that to achieve excess profits
all competing firms would join together to form a cartel.
Editor's Note: In late January, the OIR agreed to begin proceedings to adopt a new rule to implement the workers' compensation excess profits
26) Rather than propose to supplant the corporate income tax, the Twin Cities group supported continuing the high corporate rates at 1942 levels, while cutting the excess profits
tax and other wartime taxes and sharply reducing individual surtax and capital-gains rates.
For several of the drugs, the excess profits
The government also should enact an excess profits
tax retroactive to January 2005 to reduce oil company incentives to gouge consumers.
However, nontechnical executive officers are relying on an ever-growing, mysterious process--and insurance regulators are working harder and longer to check for unfair discrimination, pockets of excess profits
and rate inadequacy.
5m settlement which represents the excess profits
made from the buyback.
companies may argue that the certification body is acting as a monopoly and generating excess profits
at the industry's expense