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 9
Page 6
... performance of services in the United States pursuant to a commercial transaction . In addition , a VAT generally would be im- posed upon any sale or leasing of real property and any importing of property , whether or not pursuant to a ...
... performance of services in the United States pursuant to a commercial transaction . In addition , a VAT generally would be im- posed upon any sale or leasing of real property and any importing of property , whether or not pursuant to a ...
Page 9
... performance of services in the United States , and ( 3 ) the importing of property into the United States , by a taxable person in a commercial - type transaction . A " commercial - type transaction " would mean a transaction engaged in ...
... performance of services in the United States , and ( 3 ) the importing of property into the United States , by a taxable person in a commercial - type transaction . A " commercial - type transaction " would mean a transaction engaged in ...
Page 10
... Performance of services The performance of services in a commercial - type transaction would be subject to the VAT . The bill would provide several exam- ples of includable items rather than an overall definition of serv- ices ...
... Performance of services The performance of services in a commercial - type transaction would be subject to the VAT . The bill would provide several exam- ples of includable items rather than an overall definition of serv- ices ...
Page 11
... performance of a service . Other VAT systems would subject the licensing of intangibles to tax , either by providing a broad definition of taxable services or by spe- cifically including the licensing of intangibles as a taxable serv ...
... performance of a service . Other VAT systems would subject the licensing of intangibles to tax , either by providing a broad definition of taxable services or by spe- cifically including the licensing of intangibles as a taxable serv ...
Page 19
... performance of any service and the retail sale of any property , the payment of which would eligible for an income tax deduction ( ignoring the limits imposed by section 213 ( a ) ... performance of mass transportation services in urbanized 19.
... performance of any service and the retail sale of any property , the payment of which would eligible for an income tax deduction ( ignoring the limits imposed by section 213 ( a ) ... performance of mass transportation services in urbanized 19.
Other editions - View all
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