Summary of Conference Agreement On Revenue Increase Provisions of H.R. 3545 Jcx-27-87
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Effective date open.
Senate Offer - 12/15/87 - Senate recedes with technical modifications includinq the modification that an exception be provided for the consolidation or merger of corporations previously under common control for a 5-year period. Provision to be effective for transactions after December 15, 1987 unless subject to a written contract or agreement of merger bindina on that date. ^ House Response ^ 12/16/87 - 4;00 PM - House accepts Senate offer with modification of effective dat...e for letters of intent signed prior to December 16, 1987.
Senate Response - 12/17/87 - AGREED 9. LIFO recapture on conversion from C corporation to S corporation House Offer - 12/15/87 - Senate recedes with a modification providing a 4-vear soread for amounts includible. = -f f Senate Offer ^ 12/15/87 - House recedes.
House Response - 12/16/87 - 4:00 PM - House insists on offer of 12/15/87 with modification of effective date to December 16, 1987.
Senate Response - 12/17/87 - Senate insists on prior offer.
What to read after Summary of Conference Agreement On Revenue Increase Provisions of H.R. 3545 Jcx-27-87?
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:
Effective date open.
Senate Offer - 12/15/87 - Senate recedes with technical modifications includinq the modification that an exception be provided for the consolidation or merger of corporations previously under common control for a 5-year period. Provision to be effective for transactions after December 15, 1987 unless subject to a written contract or agreement of merger bindina on that date. ^ House Response ^ 12/16/87 - 4;00 PM - House accepts Senate offer with modification of effective dat...e for letters of intent signed prior to December 16, 1987.
Senate Response - 12/17/87 - AGREED 9. LIFO recapture on conversion from C corporation to S corporation House Offer - 12/15/87 - Senate recedes with a modification providing a 4-vear soread for amounts includible. = -f f Senate Offer ^ 12/15/87 - House recedes.
House Response - 12/16/87 - 4:00 PM - House insists on offer of 12/15/87 with modification of effective date to December 16, 1987.
Senate Response - 12/17/87 - Senate insists on prior offer.
What to read after Summary of Conference Agreement On Revenue Increase Provisions of H.R. 3545 Jcx-27-87?
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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