1981-82 Miscellaneous Tax Bills VI: Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance, United States Senate, Ninety-seventh Congress, First Session, on S. 230, S. 450, S. 644, S. 978 and S. 1039, May 22, 1981 |
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Results 1-5 of 17
Page 20
... Restrictions on payments of employer contributions . Amounts contributed by em- ployers under a qualified group legal services plan may be paid only ( 1 ) to insurance companies or to organizations or persons that provide personal legal ...
... Restrictions on payments of employer contributions . Amounts contributed by em- ployers under a qualified group legal services plan may be paid only ( 1 ) to insurance companies or to organizations or persons that provide personal legal ...
Page 29
... restrict- ed in some respects . Senator PACKWOOD . They look like they were almost intentional- ly drafted to prohibit qualifying . Mr. ERICSON . In many respects , yes sir , they do . When you introduced your bill , Senator , you ...
... restrict- ed in some respects . Senator PACKWOOD . They look like they were almost intentional- ly drafted to prohibit qualifying . Mr. ERICSON . In many respects , yes sir , they do . When you introduced your bill , Senator , you ...
Page 30
... restrictions on employee contributions and this is also of great concern to us . The proposed regulations virtually prohibit employee contributions under qualified plans . Again , in my written comments on this matter , I cite two impor ...
... restrictions on employee contributions and this is also of great concern to us . The proposed regulations virtually prohibit employee contributions under qualified plans . Again , in my written comments on this matter , I cite two impor ...
Page 36
... restrictions . Because of the current uncertainty created by the proposed regulations , and because there is a broad consensus regarding the unfairness and undesirability of certain of their restrictions , we ask the Subcommittee to ...
... restrictions . Because of the current uncertainty created by the proposed regulations , and because there is a broad consensus regarding the unfairness and undesirability of certain of their restrictions , we ask the Subcommittee to ...
Page 37
... restrictions . Although these restrictions were discussed extensively by witnesses at an IRS hearing last September , the proposed regulations still are outstanding . Final regulations to be issued by the IRS may provide some relief ...
... restrictions . Although these restrictions were discussed extensively by witnesses at an IRS hearing last September , the proposed regulations still are outstanding . Final regulations to be issued by the IRS may provide some relief ...
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Common terms and phrases
Alaska Bar Association amendment attorneys Bar Association BOB PACKWOOD Chairman closed panel Code Section 120 collective bargaining Congress corporation cost coverage covered D.C. DEAR SENATOR DEAR SENATOR PACKWOOD delivery systems eligible employer contributions employer-funded plans enacted ERISA exclusion finance business finance companies Form W-2 fringe benefits group legal plans group legal services horses income tax individual payment plans initial consultations Internal Revenue Code Internal Revenue Service investment tax credit lawyer legal matters legal problems legal service plans legal services benefits Legal Services Corporation legislation lending or finance limitation number of persons open panel organization participants permanent personal holding company personal legal services Plan's plans established plans provide prepaid legal services present law proposed regulations qualified group legal qualified plan ROBERT PACKWOOD SCUPI Senate Bill 1039 Senate Office Building Senator MATSUNAGA study population Subcommittee on Taxation Taxation and Debt types U.S. Senate UAW Legal Services Washington withholding workers
Popular passages
Page 91 - (a) REQUIREMENTS FOR QUALIFICATION. — A trust created or organized in the United States and forming part of a stock bonus, pension, or profit-sharing plan of an employer for the exclusive benefit of his employees or their beneficiaries...
Page 24 - I am appearing today as a member of the executive committee of the Federal Tax Division of the American Institute of Certified Public Accountants.
Page 49 - A qualified group legal services plan must be a separate written plan of an employer for the exclusive benefit of employees or their spouses or dependents.
Page 61 - ... (7) A lending company, not otherwise excepted by this subsection, authorized to engage in the small loan business under one or more State statutes providing for the direct regulation of such business, 80...
Page 9 - A BILL To amend the Internal Revenue Code of 1954 with respect to the treatment of certain lending or finance businesses for purposes of the tax on personal holding companies.
Page 62 - ... authorized to engage in the small loan business under one or more State statutes providing for the direct regulation of such business, 80 percent or more of the gross income of which is lawful interest, discount or other authorized charges...
Page 42 - NEW HAMPSHIRE NEW JERSEY NEW MEXICO NEW YORK NORTH CAROLINA OHIO OKLAHOMA OREGON PENNSYLVANIA RHODE ISLAND SOUTH CAROLINA SOUTH DAKOTA TENNESSEE TEXAS UTAH VERMONT VIRGINIA WASHINGTON WEST VIRGINIA WISCONSIN WYOMING WE Bingham, Box 64, Tuscaloosa.
Page 43 - But the principle here involved cannot be limited to the facts of this case. At issue is the basic right to group legal action, a right first asserted in this Court by an association of Negroes seeking the protection of freedoms guaranteed by the Constitution. The common thread running through our decisions in NAACP v. Button, Trainmen, and United Mine Workers is that collective activity undertaken to obtain meaningful access to the courts is a fundamental right within the protection of the First...
Page 49 - ... an organization or trust created or organized in the United States, the exclusive function of which is to form part of a qualified group legal services plan or plans, within the meaning of section 120.
Page 62 - ... discount or other authorized charges — [(A) Received from loans maturing in not more than 36 months made to individuals in accordance with the provisions of applicable State law, and [ (B) Which do not, in the case of any individual loan, exceed in the aggregate an amount equal to simple interest...