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 7
Page 4
... partnerships owning working interests in do- mestic oil and gas properties without incurring tax for unrelated business income . The ... partnership taxable years begin- ning after 1982 . II . DESCRIPTION OF BILLS 1. S. 1600 - Senator 4.
... partnerships owning working interests in do- mestic oil and gas properties without incurring tax for unrelated business income . The ... partnership taxable years begin- ning after 1982 . II . DESCRIPTION OF BILLS 1. S. 1600 - Senator 4.
Page 8
... partnership interests and stock of S corporations would not be treated as indexed assets . However , any adjustment made with respect to assets held at the entity level would be passed through to the partners or S corporation ...
... partnership interests and stock of S corporations would not be treated as indexed assets . However , any adjustment made with respect to assets held at the entity level would be passed through to the partners or S corporation ...
Page 15
... partnership , is a beneficiary of an estate or trust , or is a shareholder in an electing small business corporation , the amount of the vocational education credit attributable to such trade , business or entity which would be applied ...
... partnership , is a beneficiary of an estate or trust , or is a shareholder in an electing small business corporation , the amount of the vocational education credit attributable to such trade , business or entity which would be applied ...
Page 16
... and allocation of the credit , in the case of partnerships . Effective Date The provisions of section 2 of the bill would be effective for tax- able years beginning after 1982 . 4. S. 1464 - Senators Armstrong and Hart Exemption from 16.
... and allocation of the credit , in the case of partnerships . Effective Date The provisions of section 2 of the bill would be effective for tax- able years beginning after 1982 . 4. S. 1464 - Senators Armstrong and Hart Exemption from 16.
Page 19
... partnership ( whether limited or general ) in which the organization invests . Accordingly , if a tax- exempt organization becomes a limited partner in a partnership that owns a working interest in oil and gas properties and the working ...
... partnership ( whether limited or general ) in which the organization invests . Accordingly , if a tax- exempt organization becomes a limited partner in a partnership that owns a working interest in oil and gas properties and the working ...
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