The papers, which were dumped outside a scrap yard in Manchester in 1981, also include hand-written letters, expenses and income tax sheets.
The Conservatives would prefer to tax balance-sheet size whereas the Lib Dems would go for profits, but they share a goal of raising at least £1 billion a year.
These can include an income statement, statement of tax flows, balance sheet, retained earnings sheet, assets, expenses, dividends, allocation and valuation.
The regulatory shake-up has stopped short of enforcing a retail investment banking split, and it has not made much progress with a balance sheet tax, in marked contrast to Britain, where Barclays could be liable for several hundred million pounds a year.
This taxed newspapers per sheet of newsprint, so papers were published as single sheets with huge pages.
In the early eighties, Zell and Lurie decided to diversify by acquiring controlling interests in troubled companies, often ones that had recently emerged from bankruptcy and had in their balance sheets tax credits for past losses.
He flagged up a new banking levy in his Mansion House speech last week: banks are braced for a new tax on balance sheets, as well as more restraint on pay and bonuses.
To help you understand where your business currently is, and what you'll need in order to grow, it pays to be comfortable with profit and loss statements, balance sheets, tax implications, funding options, sales projections and so on.
An accountant should look over the books, including tax returns, balance sheets and profit and loss statements.
"Hundreds of billions of dollars escape capital gains taxation each year because of the 'stepped-up' basis loophole that lets the wealthy pass appreciated assets onto their heirs tax-free," says a White House fact sheet on the tax proposals.
The tax declaration, once a sheet of A4 paper, has doubled in size to A3.In this section Cleaning up?
