[JOINT COMMITTEE PRINT]

GENERAL EXPLANATION

OF THE

ECONOMIC RECOVERY TAX ACT OF 1981

(H.R. 4242, 97TH CONGRESS; PUBLIC LAW 97-34)

85-145 O

PREPARED BY THE STAFF OF THE
JOINT COMMITTEE ON TAXATION

DECEMBER 29, 1981

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1981

JCS-71-81