Description of Tax Bills: S. 353 (educational Savings Bonds); S. 442 (value Added Tax); S. 659, S. 838, S. 849 (estate Freezes); and S. 800 (moratorium on Certain State Tax Laws) : Scheduled for a Hearing Before the Senate Committee on Finance on May 17, 1989U.S. Government Printing Office, 1989 - 35 pages |
From inside the book
Results 1-5 of 7
Page 6
... employee . Taxable amount In the case of cash transactions , the amount subject to the VAT would be the price charged to the purchaser of the property or services , including all invoiced charges for transportation and other items ...
... employee . Taxable amount In the case of cash transactions , the amount subject to the VAT would be the price charged to the purchaser of the property or services , including all invoiced charges for transportation and other items ...
Page 9
... employee would not be considered a taxable person with respect to activities engaged in as an employee . b . Sales of property Under the bill , the 9 B Allocation of Revenues from Value Added Analysis of Specific Issues Page Definitions ...
... employee would not be considered a taxable person with respect to activities engaged in as an employee . b . Sales of property Under the bill , the 9 B Allocation of Revenues from Value Added Analysis of Specific Issues Page Definitions ...
Page 10
... employee as compensation ( unless the transfer is a type for which no amount is includible in the income of the employee ) ; ( 3 ) a sale of property to a governmental entity ; 13 and ( 4 ) a sale of property by a governmental entity or ...
... employee as compensation ( unless the transfer is a type for which no amount is includible in the income of the employee ) ; ( 3 ) a sale of property to a governmental entity ; 13 and ( 4 ) a sale of property by a governmental entity or ...
Page 11
... employee and an independent contractor would be significant . The bill would utilize the payroll tax definition of employee utilized in present law for the payroll tax . An employer's services for an employee would not be treated as the ...
... employee and an independent contractor would be significant . The bill would utilize the payroll tax definition of employee utilized in present law for the payroll tax . An employer's services for an employee would not be treated as the ...
Page 12
... employees and busi- ness gifts and with the present law income tax rules regarding the constructive distribution of property or services to shareholders . However , it has been suggested that this rule , as drafted , could technically ...
... employees and busi- ness gifts and with the present law income tax rules regarding the constructive distribution of property or services to shareholders . However , it has been suggested that this rule , as drafted , could technically ...
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Common terms and phrases
activities addition amount of VAT bill would provide border tax adjustment calendar quarter claim a credit commercial-type transaction consumer corporation December 31 deposits destination principle determine Educational Savings Bonds EE savings bonds effective date employee estate freeze example exclusion exempt Exon exports fair market value farmers governmental entities grocery store Gross VAT higher education expenses housing impose a VAT intangible property interest Internal Revenue Code Internal Revenue Service legislation nonbusiness real property performance of services plumber preferred stock premiums previously paid primary residence property or services provide a zero provided in regulations rate of tax retail sale of property section 135 seller Series EE savings services provided small businesses stage of production subject to tax tax point taxable amount taxable person taxable transactions taxation taxpayer tion transfer United Value Added Tax VAT credit VAT imposed VAT liability VAT paid VAT system zero rating zero-rated