Download or read book Reform Proposals for Subchapter S Corporations written by United States. Congress. House. Committee on Small Business. Subcommittee on Procurement, Taxation, and Tourism and published by . This book was released on 1994 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed to some depository libraries in microfiche.
Download or read book Summary of Testimony on Subchapter S Corporations at Public Hearings February 18 to April 24 1969 written by United States. Congress. Joint Committee on Internal Revenue Taxation and published by . This book was released on 1969 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reform Proposals for Subchapter S Corporations written by Committee on Small Business and published by Forgotten Books. This book was released on 2016-12-28 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Reform Proposals for Subchapter S Corporations: Hearing Before the Subcommittee on Procurement, Taxation, and Tourism of the Committee on Small Business, House of Representatives, One Hundred Third Congress, Second Session, Washington, DC, June 23, 1994 Today, the subcommittee will be focusing primarily on the legis lation introduced by Congressman Hoagland, hr. 4056, which seeks to update these rules and reform many of the sections that are currently hindering S corporation growth. I am happy not only to be a cosponsor of this legislation, but to have Congressman Hoagland come before us toda to highlight his legislation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Summary of Testimony on Subchapter S Corporations written by United States. Congress. Internal Revenue Taxation Joint Committee and published by . This book was released on 1969 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Home Office Deductions and Subchapter S Corporation Reform written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and IRS Oversight and published by . This book was released on 1995 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book S Corporation Reforms written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2003 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Subcommittee Hearing on S Corps written by United States. Congress. House. Committee on Small Business. Subcommittee on Finance and Tax and published by . This book was released on 2008 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Reform 1969 written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1969 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on tax treatment of individual income and Subchapter S Corporations. Concentrates on individual tax deductions, provisions for minimum and maximum taxes, tax rates for elderly and single persons, and income averaging techniques.
Download or read book Impact of the President s Tax Proposal on Small Business written by United States. Congress. House. Committee on Small Business. Subcommittee on SBA and SBIC Authority and General Small Business Problems and published by . This book was released on 1978 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Subchapter S Corporation written by Peter L. Faber and published by . This book was released on 1987 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Subchapter S Taxation written by Irving M. Grant and published by . This book was released on 1990 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Income Taxation of S Corporations written by James S. Eustice and published by Warren Gorham & Lamont. This book was released on 1993 with total page 1646 pages. Available in PDF, EPUB and Kindle. Book excerpt: This looseleaf treatise examines all the rules and regulations applicable to the S corporation in detail. The work combines practical planning guidance with tax analysis on the election, operation, and termination of the S corporation status.
Download or read book Reform of Corporate Distributions in Subchapter C written by Bret Wells and published by . This book was released on 2018 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subchapter C's corporation distribution provisions contain significant complexity aimed at obsolete bail-out concerns that needlessly create schizophrenic outcomes in today's context. Subchapter C's corporation distribution provisions were designed in an era when dividends were taxed at a different rate than were long-term capital gains, but now in this era it is important to note that Section 1(h)(11) provides that dividends received by individuals generally are taxed at the same rate as long-term capital gains, and the American Taxpayer Relief Act of 2012 made this tax rate parity permanent. Thus, unlike most of the US income tax history, individuals now are entitled to receive the same preferential tax rate for qualified dividends as long-term capital gains. When one examines subchapter C's provisions that deal with corporate distributions in light of this relatively new reality, the statutory picture reveals significant complexity aimed at obsolete bail-out concerns that now only serve to create schizophrenic outcomes in today's context. Thus, it is important to view these relics for what they now represent: a public nuisance regardless of whether one seeks to promote the classic double taxation of corporate earnings and profits or one seeks to promote a dividends paid deduction form of corporate-shareholder integration. Now that the historic bail-out of earnings and profits at capital gains rates is no longer a critical policy factor, the subchapter C distribution provisions should be rethought in terms of the policy factors that are relevant for today's context. This paper sets forth a reform proposal that attempts to reform Subchapter C's corporate distribution provisions for the current era.
Download or read book S Corporation Reforms written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2003 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Tax Reform written by Jane Gravelle and published by Createspace Independent Publishing Platform. This book was released on 2017-10-10 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in corporate tax reform that lowers the rate and broadens the base has developed in the past several years. Some discussions by economists in opinion pieces have suggested there is an urgent need to lower the corporate tax rate, but not necessarily to broaden the tax base, an approach that presents some difficulties given current budget pressures. Others see the corporate tax as a potential source of revenue. Arguments for lowering the corporate tax rate include the traditional concerns about economic distortions arising from the corporate tax and newer concerns arising from the increasingly global nature of the economy. Some claims have been made that lowering the corporate tax rate would raise revenue because of the behavioral responses, an effect that is linked to an open economy. Although the corporate tax has generally been viewed as contributing to a more progressive tax system because the burden falls on capital income and thus on higher-income individuals, claims have also been made that the burden falls not on owners of capital, but on labor income. The analysis in this report suggests that many of the concerns expressed about the corporate tax are not supported by empirical evidence. Claims that behavioral responses could cause revenues to rise if rates were cut do not hold up on either a theoretical or an empirical basis. Studies that purport to show a revenue-maximizing corporate tax rate of 30% (a rate lower than the current statutory tax rate) contain econometric errors that lead to biased and inconsistent results; when those problems are corrected the results disappear. Cross-country studies to provide direct evidence showing that the burden of the corporate tax actually falls on labor yield unreasonable results and prove to suffer from econometric flaws that also lead to a disappearance of the results when corrected, in those cases where data were obtained and the results replicated. Many studies that have been cited are not relevant to the United States because they reflect wage bargaining approaches and unions have virtually disappeared from the private sector in the United States. Overall, the evidence suggests that the tax is largely borne by capital. Similarly, claims that high U.S. tax rates will create problems for the United States in a global economy suffer from a misrepresentation of the U.S. tax rate compared with other countries and are less important when capital is imperfectly mobile, as it appears to be. Although these new arguments appear to rely on questionable methods, the traditional concerns about the corporate tax appear valid. While an argument may be made that the tax is still needed as a backstop to individual tax collections, it does result in some economic distortions. These economic distortions, however, have declined substantially over time as corporate rates and shares of output have fallen. Moreover, it is difficult to lower the corporate tax without creating a way of sheltering individual income given the low tax rates on dividends and capital gains. A number of revenue-neutral changes are available that could reduce these distortions, allow for a lower corporate statutory tax rate, and lead to a more efficient corporate tax system. These changes include base broadening, reducing the benefits of debt finance through inflation indexing, taxing large pass-through firms as corporations, and reducing the tax at the firm level offset by an increase at the individual level. Nevertheless, the scope for reducing the tax rate in a revenue-neutral way may be limited.
Download or read book Options to Improve Tax Compliance and Reform Tax Expenditures written by United States. Congress. Joint Committee on Taxation and published by Joint Committee on Taxation. This book was released on 2005 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes proposals to to reduce the size of the Federal tax gap by curtaling tax shelters, closing unintended loopholes, addressing other areas of noncompliance with current tax law, and reforming certain areas of tax expenditures.
Download or read book General Explanations of the Administration s Revenue Proposals written by United States Dept of the Treasury and published by Palala Press. This book was released on 2018-03-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
