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 6
Page 1
... requirements of excess business hold- ings provision for the El Pomar Foundation ) , and S. 1549 ( relating to exemption from unrelated business income tax for income from certain oil and gas property ) . The first part of the pamphlet ...
... requirements of excess business hold- ings provision for the El Pomar Foundation ) , and S. 1549 ( relating to exemption from unrelated business income tax for income from certain oil and gas property ) . The first part of the pamphlet ...
Page 4
... Requirements of Excess Business Holdings Provision for the El Pomar Foundation The bill would exempt the El Pomar Foundation of Colorado Springs , Colorado , from the divestiture requirements with respect to excess business holdings ...
... Requirements of Excess Business Holdings Provision for the El Pomar Foundation The bill would exempt the El Pomar Foundation of Colorado Springs , Colorado , from the divestiture requirements with respect to excess business holdings ...
Page 7
... requirements . - The bill would apply only to assets held for more than one year . An asset would not be treated as an in- Canadian law generally requires that only one - half of recognized capital gain be included in income . Thus ...
... requirements . - The bill would apply only to assets held for more than one year . An asset would not be treated as an in- Canadian law generally requires that only one - half of recognized capital gain be included in income . Thus ...
Page 13
... Requirements for favorable treatment To qualify , a donation of equipment would be required , under the bill , to satisfy the following requirements : ( 1 ) The donated property must not be transferred by the donee in exchange for money ...
... Requirements for favorable treatment To qualify , a donation of equipment would be required , under the bill , to satisfy the following requirements : ( 1 ) The donated property must not be transferred by the donee in exchange for money ...
Page 17
... Requirements of Excess Business Holdings Provision for the El Pomar Foundation Present Law The Tax Reform Act of 1969 imposed an excise tax on the excess business holdings of a private foundation ( Code sec . 4943 ) . General- ly ...
... Requirements of Excess Business Holdings Provision for the El Pomar Foundation Present Law The Tax Reform Act of 1969 imposed an excise tax on the excess business holdings of a private foundation ( Code sec . 4943 ) . General- ly ...
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