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 1-4 of 4
Page 6
... assets held for one year or longer.2 The allowance applies only for ... Indexed Security Investment Plan ( ISIP ) . The plan would be limited to ... indexed personal income tax brackets and exemptions since 1974 . 7 would be taxed on ...
... assets held for one year or longer.2 The allowance applies only for ... Indexed Security Investment Plan ( ISIP ) . The plan would be limited to ... indexed personal income tax brackets and exemptions since 1974 . 7 would be taxed on ...
Page 7
... indexed only for the period beginning in 1983 . The Canadian Government ... assets for purposes of deter- mining gain or loss on disposition . Assets ... stock . dexed asset for any period during which the taxpayer ,
... indexed only for the period beginning in 1983 . The Canadian Government ... assets for purposes of deter- mining gain or loss on disposition . Assets ... stock . dexed asset for any period during which the taxpayer ,
Page 8
... property substantially identical to the asset . Computation of inflation adjustment The inflation adjustment under the bill would be computed by multiplying the taxpayer's adjusted basis in the indexed asset by the ratio of the GNP ...
... property substantially identical to the asset . Computation of inflation adjustment The inflation adjustment under the bill would be computed by multiplying the taxpayer's adjusted basis in the indexed asset by the ratio of the GNP ...
Page 9
... stock ( sec . 341 ) , the full amount of gain which would be recog- nized and taxed as ordinary income under present law would con- tinue to be so treated . Effective Date The bill would apply to dispositions of indexed assets after De ...
... stock ( sec . 341 ) , the full amount of gain which would be recog- nized and taxed as ordinary income under present law would con- tinue to be so treated . Effective Date The bill would apply to dispositions of indexed assets after De ...
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