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 7
... acquired . The inflation adjustment would apply only to inflation occurring after 1983 . Under the bill , the inflation adjustment would apply with respect to sales , exchanges , or other dispositions of property . However , the ...
... acquired . The inflation adjustment would apply only to inflation occurring after 1983 . Under the bill , the inflation adjustment would apply with respect to sales , exchanges , or other dispositions of property . However , the ...
Page 8
... acquired . For example , if the deflator at the time of sale was 50 percent higher than at the time of acquisition , the gain or loss would be determined by reducing the sales pro- ceeds by an amount equal to 150 percent of the asset ...
... acquired . For example , if the deflator at the time of sale was 50 percent higher than at the time of acquisition , the gain or loss would be determined by reducing the sales pro- ceeds by an amount equal to 150 percent of the asset ...
Page 17
... acquired by gift , devise , or bequest before December 31 , 1966 ; ( 3 ) neither the donor nor any of the members of ... acquire on or after May 26 , 1969 , any interest in a busi- ness enterprise that would constitute excess business ...
... acquired by gift , devise , or bequest before December 31 , 1966 ; ( 3 ) neither the donor nor any of the members of ... acquire on or after May 26 , 1969 , any interest in a busi- ness enterprise that would constitute excess business ...
Page 19
... acquire or improve the property or an indebt- edness would not have been incurred but for the acquisition or im- provement of the property . A special rule applies under present law to real property ac- quired by a tax - exempt trust ...
... acquire or improve the property or an indebt- edness would not have been incurred but for the acquisition or im- provement of the property . A special rule applies under present law to real property ac- quired by a tax - exempt trust ...
Page 20
... acquired from or , at any time after acqui- sition , is leased to any person that bears a certain relationship to the trust ; or ( 5 ) the seller or any person related to the seller or the trust ( as described in ( 3 ) or ( 4 ) ...
... acquired from or , at any time after acqui- sition , is leased to any person that bears a certain relationship to the trust ; or ( 5 ) the seller or any person related to the seller or the trust ( as described in ( 3 ) or ( 4 ) ...
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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