Download or read book Alternative minimum tax an overview of its rationale and impact on individual taxpayers report to the chairman Committee on Finance U S Senate written by and published by DIANE Publishing. This book was released on with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by United States. General Accounting Office and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by and published by . This book was released on 2000 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1995 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and published by . This book was released on 1992 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ALTERNATIVE MINIMUM TAX An Overview of Its Rationale and Impact on Individual Taxpayers written by and published by . This book was released on 2000 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report responds to your request for a nontechnical primer on the alternative minimum tax (AMT) for individuals, which is intended to help ensure that high-income individuals do not avoid significant tax liability. In general, AMT is a separate tax system that parallels the regular individual income tax system. Under this dual system of taxation, taxpayers are required to first compute their tax liability under regular income tax rules and then, if their income or tax payments do not meet certain tests, they are required to recompute their tax liability using the AMT rules. Taxpayers are then obligated to pay the greater of the two.
Download or read book Alternative Minimum Tax written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-31 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alternative Minimum Tax: Overview of Its Rationale and Impact on Individual Taxpayers
Download or read book Alternative Minimum Tax written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: GGD-00-180 Alternative Minimum Tax: An Overview of Its Rationale and Impact on Individual Taxpayers
Download or read book Present Law and Background Relating to the Individual Alternative Minimum Tax written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by DIANE Publishing. This book was released on 2007 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Minimum Tax written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2009 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Alternative Minimum Tax for Individuals written by and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The alternative minimum tax (AMT) for individuals was originally enacted to ensure that all taxpayers, especially high-income taxpayers, paid at least a minimum amount of federal taxes. However, the AMT is not indexed for inflation, and this factor, combined with the recent reductions in the regular income tax, has greatly expanded the potential impact of the AMT. Temporary provisions intended to mitigate the effects of the AMT expire at the end of 2005. If this occurs, then the number of taxpayers subject to the AMT will increase from 3 million in 2004 to 21 million in 2006. The Congressional Budget Office estimates that extending and indexing the 2006 AMT parameters would reduce federal revenue by $191 billion over the next five years. The conference agreement on the 2006 budget resolution, H.Con.Res. 95, contained $106 billion in tax relief over the next five years, approximately $70 billion of which would be protected through the reconciliation process. Under reconciliation, $11 billion of tax relief is allocated for 2006. On November 16, 2005, the Senate Finance Committee approved a tax cut reconciliation plan -- the Tax Relief Act of 2005 (S. 2020) -- that would, among other things, extend AMT tax relief through 2006. The full Senate approved S. 2020 on November 18. On November 15, the Ways and Means Committee approved H.R. 4297 which, among other things, would provide partial AMT relief through a one-year extension of the treatment of nonrefundable personal tax credits under the AMT. In addition, 15 stand-alone bills modifying the AMT have been introduced in the 109th Congress. The Administration did not include modifications to the AMT in its FY2006 budget proposal. This report will be updated as legislative action warrants.
Download or read book Easing the Family Tax Burden written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2001 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Explanation of Tax Legislation Enacted in written by and published by Government Printing Office. This book was released on 2005 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: JCS-5-05. Joint Committee Print. Provides an explanation of tax legislation enacted in the 108th Congress. Arranged in chronological order by the date each piece of legislation was signed into law. This document, prepared by the staff of the Joint Committee on Taxation in consultation with the staffs of the House Committee on Ways and Means and the Senate Committee on Finance, provides an explanation of tax legislation enacted in the 108th Congress. The explanation follows the chronological order of the tax legislation as signed into law. For each provision, the document includes a description of present law, explanation of the provision, and effective date. Present law describes the law in effect immediately prior to enactment. It does not reflect changes to the law made by the provision or subsequent to the enactment of the provision. For many provisions, the reasons for change are also included. In some instances, provisions included in legislation enacted in the 108th Congress were not reported out of committee before enactment. For example, in some cases, the provisions enacted were included in bills that went directly to the House and Senate floors. As a result, the legislative history of such provisions does not include the reasons for change normally included in a committee report. In the case of such provisions, no reasons for change are included with the explanation of the provision in this document. In some cases, there is no legislative history for enacted provisions. For such provisions, this document includes a description of present law, explanation of the provision, and effective date, as prepared by the staff of the Joint Committee on Taxation. In some cases, contemporaneous technical explanations of certain bills were prepared and published by the staff of the Joint Committee. In those cases, this document follows the technical explanations. Section references are to the Internal Revenue Code unless otherwise indicated.
Download or read book The Alternative Minimum Tax for Individuals written by Gregg A. Esenwein and published by . This book was released on 2004 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Alternative Minimum Tax for Individuals written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Our Laws are Made written by John V. Sullivan and published by . This book was released on 2007 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
