Word: refundability
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SINCE then, the tax laws have become still more complex, driving more Americans every spring to seek help in filling out their returns. The trend has led to a rapid proliferation of commercial tax specialists, including many "refund mills" that pop up like crocuses in March, make a killing helping taxpayers cheat the Government, then fade away on April 16. Now the Internal Revenue Service has opened a nationwide campaign of investigations, arrests and prosecutions to root out and discredit these fly-by-nights. At the same time, the taxmen have launched a sweet-talking publicity campaign urging people...
...comparison is somewhat distorted by a $10 million refund on Pan Ain's supersonic transport order that reduced Pan Am s reported loss last year...
...Coop will return a 5 per cent across the board rebate on purchases made in the last fiscal year. Howard W. Davis, general manager, announced yesterday. Refund checks will be available to members starting October...
...Ellery Queen used to enjoy tweaking amateur sleuths by stopping short of the final Byzantine solution long enough to issue a "Challenge to the Reader" to match clues and wits with the smug author. In his newest novel, Stanley Ellin goes Queen one better. He offers the reader a refund instead of a contest...
...Textron Inc., for example, must rescind a price increase on snowmobiles, and Armco Steel will have to cancel hikes on such merchandise as soap and hammers sold in its oilfield supply stores, which account for less than 1% of Armco's sales. Both companies were also ordered to refund money to customers who were charged the higher prices. Associated Wholesale Grocers, which has sales of $240 million a year, became the second company to be assessed triple damages for raising prices. The commission ordered it in effect to pay these damages to customers by severely cutting prices...