EH.Net Abstracts in Economic History

               ABSTRACTS IN ECONOMIC HISTORY
                     (c) 2001 EH.Net
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Name: Pierre-Cyrille Hautcoeur
Email: pch at delta.ens.fr
Institution: Ecole Normale Supérieure

Co-author: Sandrine Grotard
261 rue du Fbg Saint Antoine
75011 Paris FRANCE

Phone: 33 1 43 67 88 73
sandrine.grotard at caramail.com

Title: Taxation of Corporate Profits, Inflation and Income 
Distribution in France, 1914-1926

Internet Address of abstracted work:
http://www.delta.ens.fr/hautcoeur/taxation.pdf

By mail:
48, bd Jourdan 75014 Paris

Phone:  33 1 43 13 63 01
Fax:  33 1 43 13 63 10

Language:  English

Abstract:
This paper studies the impact of World War I on the macroeconomic 
distribution of income and particularly on profits using an up to now 
neglected source: the archives on the tax on extraordinary profits 
created during the war, which give firm-level details on accounting 
procedures and taxation methods. It suggests that the joint 
development of this tax (which was the first in France on business 
profits) and of accounting methods (especially for the measure of 
fiscal depreciation allowances) are very likely to have produced an 
overall overtaxation of profits, although the effects varied heavily 
among industries.

Bibliography: Hautcoeur, Pierre-Cyrille and Sandrine Grotard. 
"Taxation of Corporate Profits, Inflation and Income Distribution in 
France, 1914-1926." Manuscript, Ecole Normale Supérieure, 2001.

Subject: B,H,I
Geographical Area: 4
Country/Region: France
Time Period: 8

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