Description of Tax Bills Relating to Tax for Oil Spill Liability Trust Fund (S. 1066) And Deduction for Oil Spill Cleanup Costs (S. 771) : Scheduled for a Hearing Before the Senate Committee On Finance On June 21, 1989 Jcx-24-89
Description of Tax Bills Relating to Tax for Oil Spill Liability Trust Fund (S. 1066) And Deduction for Oil Spill Cleanup Costs (S. 771) : Scheduled for a Hearing Before the Senate Committee On Finance On June 21, 1989 Jcx-24-89
United States. Congress. Joint Committee On Taxation
The book Description of Tax Bills Relating to Tax for Oil Spill Liability Trust Fund (S. 1066) And Deduction for Oil Spill Cleanup Costs (S. 771) : Scheduled for a Hearing Before the Senate Committee On Finance On June 21, 1989 Jcx-24-89 was written by author United States. Congress. Joint Committee On Taxation Here you can read free online of Description of Tax Bills Relating to Tax for Oil Spill Liability Trust Fund (S. 1066) And Deduction for Oil Spill Cleanup Costs (S. 771) : Scheduled for a Hearing Before the Senate Committee On Finance On June 21, 1989 Jcx-24-89 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Description of Tax Bills Relating to Tax for Oil Spill Liability Trust Fund (S. 1066) And Deduction for Oil Spill Cleanup Costs (S. 771) : Scheduled for a Hearing Before the Senate Committee On Finance On June 21, 1989 Jcx-24-89 a good or bad book?
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The bill would also amend the present-law Oil Spill Liability Trust Fund tax by extending the expiration date of the tax from December 31, 1991, to June 30, 1994. As under present law, the tax would terminate earlier than that date if the Secretary of the Treasury determines that the amount of taxes to be collected would exceed $300 million. The bill would modify the limitations on expenditures from the Oil Spill Liability Trust Fund to permit the President to waive the present-law expenditure ...limit of $500 million per incident. The bill also would remove the present-law expenditure limit of $250 million on payments for natural resource damages. Finally, the bill would provide that the Trust Fund may only be used as authorized under the bill . Effective date . --Imposition of the tax would commence on the first day of the first month beginning more than 30 days after the date of enactment. S. 771 (Senator Reid) : Oilspill Bill In general, the bill would deny a deduction for expenses incurred by a taxpayer which result from the cleanup of oil or hazardous substances discharged by that person.
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