On the recordDecember 25, 1973
The tax imposed by section 4911 of the Internal Revenue Code of 1954 on the acquisition of stock shall be equal to 3.75 percent of the actual value of the stock.
Source
presidency.ucsb.eduRichard Nixon: “The tax imposed by section 4911 of the Internal Revenue Code of 1954 on the acquisition of stock shall be equal to 3.75…”
Editor's note · Context
Executive Order 11754—Modifying Rates of Interest Equalization Tax
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