Skip to main content

SAGE Social Science Thesaurus

Search from vocabulary

align
annotate
download

Concept information

social science subjects > business and management > business ethics > accounting ethics > Economic Recovery Tax Act

Preferred term

Economic Recovery Tax Act  

Definition

  • The Economic Recovery Tax Act of 1981 (ERTA) contained numerous provisions that helped businesses and individuals. Businesses were aided by accelerated capital recovery through new depreciation rules, special tax treatment for acquirers of troubled thrift institutions, an increased amount of retained earnings not subject to taxation, relaxed rules for Subchapter S corporations, and encouragement of merger activity. [Source: Encyclopedia of Business Ethics and Society; Economic Recovery Tax Act]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-K363Q37F-4

Download this concept:

RDF/XML TURTLE JSON-LD