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 |
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Page 5
... asset , or takes into account an allowable loss from a decline in value of the asset , only on the sale , exchange ... capital asset which has been held for more than one year is taxable at reduced rates . Capital assets gen- erally ...
... asset , or takes into account an allowable loss from a decline in value of the asset , only on the sale , exchange ... capital asset which has been held for more than one year is taxable at reduced rates . Capital assets gen- erally ...
Page 6
... capital gains . For certain other purposes , U.S. tax law does take inflation into account . Under the Economic ... asset is disposed of exceeds the index at a time one year after the related expenditure was made . The amount of any capital ...
... capital gains . For certain other purposes , U.S. tax law does take inflation into account . Under the Economic ... asset is disposed of exceeds the index at a time one year after the related expenditure was made . The amount of any capital ...
Page 7
... capital gains . * Investors would be allowed to transfer presently held ... asset was acquired . The inflation adjustment would apply only to inflation ... capital asset . ( For this purpose , options , warrants , or other contract rights ...
... capital gains . * Investors would be allowed to transfer presently held ... asset was acquired . The inflation adjustment would apply only to inflation ... capital asset . ( For this purpose , options , warrants , or other contract rights ...
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... asset for any period during which the taxpayer , or his or her spouse , has sold short property substantially ... capital loss , regardless of other provisions of the Code . In the case of an asset acquired before 1984 , the GNP deflator ...
... asset for any period during which the taxpayer , or his or her spouse , has sold short property substantially ... capital loss , regardless of other provisions of the Code . In the case of an asset acquired before 1984 , the GNP deflator ...
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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