Description of Tax Bills (S. 1600, S. 1579, S. 108, S. 1464, and S. 1549: Scheduled for a Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance on August 1, 1983U.S. Government Printing Office, 1983 - 21 pages |
From inside the book
Results 1-5 of 5
Page 8
... acquisition , the gain or loss would be determined by reducing the sales pro- ceeds by an amount equal to 150 percent of the asset basis at the time of acquisition . If the inflation adjustment exceeds the amount of gain ( deter- mined ...
... acquisition , the gain or loss would be determined by reducing the sales pro- ceeds by an amount equal to 150 percent of the asset basis at the time of acquisition . If the inflation adjustment exceeds the amount of gain ( deter- mined ...
Page 9
... acquisition prior to the date on which the adjustment was applied . This would prevent a taxpay- er from benefitting twice from an adjustment for the same period . The bill would provide that , in cases where a corporation is treat- ed ...
... acquisition prior to the date on which the adjustment was applied . This would prevent a taxpay- er from benefitting twice from an adjustment for the same period . The bill would provide that , in cases where a corporation is treat- ed ...
Page 19
... acquisition or im- provement of the property . A special rule applies under present law to real property ac- quired by a tax - exempt trust forming part of a tax - qualified pen- sion , etc. , plan . Under this rule , debt - financed ...
... acquisition or im- provement of the property . A special rule applies under present law to real property ac- quired by a tax - exempt trust forming part of a tax - qualified pen- sion , etc. , plan . Under this rule , debt - financed ...
Page 20
... acquisition price is not a fixed amount determined as of the date of acquisition ; ( 2 ) the amount of any indebtedness or any other amount payable with respect to such indebtedness , or the time for making any pay- ment with respect to ...
... acquisition price is not a fixed amount determined as of the date of acquisition ; ( 2 ) the amount of any indebtedness or any other amount payable with respect to such indebtedness , or the time for making any pay- ment with respect to ...
Page 21
... acquisitions from related parties , and nonrecourse financ- ing from related parties ( items 3 , 4 , and 5 , above ) would not apply to any acquisition , lease , farm - out , or other transfer of a working interest to a person related ...
... acquisitions from related parties , and nonrecourse financ- ing from related parties ( items 3 , 4 , and 5 , above ) would not apply to any acquisition , lease , farm - out , or other transfer of a working interest to a person related ...
Other editions - View all
Common terms and phrases
accredited acquisition adjusted basis allocation amount Armstrong assets held augmented charitable deduction beginning after 1982 bill would apply bill would provide business expense Business Holdings Provision capital asset capital gain cents a mile charitable organization Code sec Colorado Springs consumer price index corporations Date The provisions Debt-financed property December 31 deduct reasonable disposition divestiture requirements donated property education course taught Effective Date excess business holdings exempt trust Explanation of Provision fair market value gain or loss gas properties gross national product indexed assets individual retirement account inflation adjustment inflation occurring institution of higher instructor temporarily employed interest investment ISIP justment limited partner limited partnership oil and gas ordinary income passenger automobile physical or biological Pomar Foundation postsecondary vocational education present law private foundation real property special rule tax-qualified pension taxpayer may deduct tion trade or business unrelated business income unrelated trade vocational education courses vocational education instruction vocational education programs