Description of Revenue Reconciliation Proposal : Part Three, Miscellaneous Tax Provisions : Scheduled for Markup By the Senate Committee On Finance On October 3, 1989 Jcx-59-89
Description of Revenue Reconciliation Proposal : Part Three, Miscellaneous Tax Provisions : Scheduled for Markup By the Senate Committee On Finance On October 3, 1989 Jcx-59-89
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In our eReader you can find the full English version of the book. Read Description of Revenue Reconciliation Proposal : Part Three, Miscellaneous Tax Provisions : Scheduled for Markup By the Senate Committee On Finance On October 3, 1989 Jcx-59-89 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Description of Revenue Reconciliation Proposal : Part Three, Miscellaneous Tax Provisions : Scheduled for Markup By the Senate Committee On Finance On October 3, 1989 Jcx-59-89
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The credit (known as the minimum tax credit) cannot be used to reduce tax below the tentative minimum tax in subsequent years .
Explanation of Proposal The proposal would provide that the entire amount of the corporate alternative minimum tax (rather than only the amount of tax attributable to timing differences) may be taken into account in computing the amount of the alternative minimum tax credit available in future years.
Effective Date The proposal would allow the entire alternative minimu...m tax arising in taxable years beginning after December 31, 1989 to be allowable as a credit for subsequent years.
63, c. Allow crop dusters to apply for waivers from gasoline tax Present Law Crop dusters, who make aerial applications to farmers' crops, do net have to pay the excise tax on gasoline because the gasoline is not used on highways. In order to avoid payment of the gasoline tax, however, crop dusters must obtain a waiver from the farmer which provides that the farmer does not want the excise tax exemption and that the crop duster may claim it, even though the off-highway use took place on the farmer's land.
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You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The credit (known as the minimum tax credit) cannot be used to reduce tax below the tentative minimum tax in subsequent years .
Explanation of Proposal The proposal would provide that the entire amount of the corporate alternative minimum tax (rather than only the amount of tax attributable to timing differences) may be taken into account in computing the amount of the alternative minimum tax credit available in future years.
Effective Date The proposal would allow the entire alternative minimu...m tax arising in taxable years beginning after December 31, 1989 to be allowable as a credit for subsequent years.
63, c. Allow crop dusters to apply for waivers from gasoline tax Present Law Crop dusters, who make aerial applications to farmers' crops, do net have to pay the excise tax on gasoline because the gasoline is not used on highways. In order to avoid payment of the gasoline tax, however, crop dusters must obtain a waiver from the farmer which provides that the farmer does not want the excise tax exemption and that the crop duster may claim it, even though the off-highway use took place on the farmer's land.
What to read after Description of Revenue Reconciliation Proposal : Part Three, Miscellaneous Tax Provisions : Scheduled for Markup By the Senate Committee On Finance On October 3, 1989 Jcx-59-89?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
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