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 19
Page
... property . 22 5. Determination of the location of goods and services ........ 23 6. Treatment of insurance and other finan- cial services 22 42 2 28 9 25 7. Administrative provisions IV . DESCRIPTION OF S. 659 , S. 838 , AND S. 849 ...
... property . 22 5. Determination of the location of goods and services ........ 23 6. Treatment of insurance and other finan- cial services 22 42 2 28 9 25 7. Administrative provisions IV . DESCRIPTION OF S. 659 , S. 838 , AND S. 849 ...
Page 6
... property and the 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 ...
... property and the 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 ...
Page 7
... property or services transferred by the taxable person . In the case of imports , the taxable amount would be the ... property . The bill would provide a special rule for the determination of the taxable amount for sales of certain used ...
... property or services transferred by the taxable person . In the case of imports , the taxable amount would be the ... property . The bill would provide a special rule for the determination of the taxable amount for sales of certain used ...
Page 9
... 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 by a ...
... 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 by a ...
Page 10
... services ; ( 2 ) the transfer of property to an 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 ) ...
... services ; ( 2 ) the transfer of property to an 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 ) ...
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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