The number of Treasury-approved profit-sharing and pension plans has increased from less than two thousand in September, 1942, to over twenty-one thousand in September, 1953. Part of the explanation for this increase may be found in high tax rates which prevailed during World War II, and the tax advantages which accrued to business by setting up qualified deferred-benefit plans. Considerable material has been written on the subject in recent years covering not only the income tax advantages involved, but many other equally important business considerations. This material, however, almost without exception, has dealt with the subject from the standpoint of large business, leaving very little useful information to serve as a guide for the small businessman.
It was the purpose of this study to analyze the relationship between profit-sharing plans and small business, and to determine the adaptability of such plans in certain specific situations.
Master of Business Administration (MBA)
Level of Degree
Anderson School of Management
First Committee Member
Howard Vivian Finston
Second Committee Member
William Jackson Parish
Third Committee Member
Small Business, Profit Sharing, Tax Rates, Taxation
McCracken, Joseph Coats. "Tax Consequences of Profit-Sharing Plans for Small Businesses." (1957). https://digitalrepository.unm.edu/anderson_etds/18