Word: refundings
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Dates: during 1930-1939
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...first decision was on an appeal by Charles C. Steward Machine Co. which sued for a refund of $46.16 of unemployment taxes collected by the Government. The company maintained that unemployment payroll' taxes levied by the Federal Government (of which up to 90% is credited to the payer for contributions made to unemployment insurance funds set up by the States) was an unconstitutional means of coercing States into setting up unemployment insurance-for otherwise all the tax money is lost by the State to the Federal Government...
From the proceeds of its bond issue Hearst Magazines will add about $1,000,000 to working capital. Another $1,000,000 will be used to refund an old debenture issue. The disposition of the rest is a complete lesson in Hearst finance. First comes the payment of bank loans amounting to $1,900,000. To get these bank loans Hearst Magazines had to have them guaranteed by its parent company, Hearst Corp., by its grandparent company, American Newspapers, Inc., and personally by William Randolph Hearst. Mr. Hearst's name is also on a $2,000,000 printing bill...
...same Hearst Consolidated properties, with one exception-the profitable New York Evening Journal-in a wholly-owned subsidiary called Hearst Publications, Inc., which now proposes to offer $22,500,000 worth of bonds to the public. Nearly all the proceeds will be used to pay off bank loans and refund old bond issues, many carrying William Randolph Hearst's personal guarantee...
...nominally $1,000-J. Stalin's Sherlocks began muttering among themselves. These dread Soviet police sent for a nervous Russian art expert, he appraised the picture as worth 800 rubles, and the NKVD cracked down on the Ukranian State shop. It promptly disgorged 4,200 rubles and this "refund" NKVD agents beamingly carried to Capitalist Davies in his private...
...port are called "manipulation," since by the terms of the law "manufacturing" is forbidden. Until now, if a shipper wished to "manipulate" arriving goods before re-exporting them, he had to take them through customs, pay the duty, take them back through the customs and wait for his 99% refund...