Hearings, Reports and Prints of the Senate Select Committee on Small BusinessU.S. Government Printing Office, 1978 - Legislative hearings |
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Page 184
... exemption ) was taxed at a 48 - per- cent rate . The Act increased the surtax exemption to $ 50,000 for 1975 and reduced the tax rate on the initial $ 25,000 of corporate income from 22 percent to 20 percent . Thus , the new corporate ...
... exemption ) was taxed at a 48 - per- cent rate . The Act increased the surtax exemption to $ 50,000 for 1975 and reduced the tax rate on the initial $ 25,000 of corporate income from 22 percent to 20 percent . Thus , the new corporate ...
Page 385
... exemption ) are extended for one year , or through 1978 . Increases the filing level to $ 2,950 for a single person , to $ 3,950 for a head of house- hold , and to $ 4,700 for a joint return due to the increased " standard deduction ...
... exemption ) are extended for one year , or through 1978 . Increases the filing level to $ 2,950 for a single person , to $ 3,950 for a head of house- hold , and to $ 4,700 for a joint return due to the increased " standard deduction ...
Page 41
... exempt middle distillates from the tax in the first instance , at the refiner level . The Chairman suggests this ... exemption for middle distillate fuels would be far more consistent with the basic principles of the President's Plan ...
... exempt middle distillates from the tax in the first instance , at the refiner level . The Chairman suggests this ... exemption for middle distillate fuels would be far more consistent with the basic principles of the President's Plan ...
Page 4
... exempt ? How expensive and otherwise burdensome is the gaining of an exemption under the OILSR regulations ? It appears to me that most of the problems , which have come to the attention of the committee , could be resolved ...
... exempt ? How expensive and otherwise burdensome is the gaining of an exemption under the OILSR regulations ? It appears to me that most of the problems , which have come to the attention of the committee , could be resolved ...
Page 10
... exemptions that must be obtained from Washington , D.C. Under the limited offering exemption of 1710.14 , particularly assuring that each purchaser will make a per- sonal inspection of the lot prior to purchase , can create exemptions ...
... exemptions that must be obtained from Washington , D.C. Under the limited offering exemption of 1710.14 , particularly assuring that each purchaser will make a per- sonal inspection of the lot prior to purchase , can create exemptions ...
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Common terms and phrases
50 percent additional administrative aggregate demand amendment amount Association base benefit bill billion budget business tax Chairman companies Congress consumer corporation countercyclical credit allowable economic effect employee credit carryback employment credit employment tax credit England Fuel Institute exemption Federal filing firms fiscal Gaylord Nelson going Government HASKELL heating oil hire impact income tax increase industry inflation Interstate Land Sales investment credit investment tax credit jobs credit jobs tax credit labor Land Sales Registration legislation limited logger lots Means Committee ment National OILSR payroll tax PRESIDING OFFICER problem product liability proposal purchaser Realtors rebate reduce refund regulations reinsurance revenue road section 44B Senator CULVER Senator MCINTYRE Senator NELSON small business standard deduction statement stimulate subdivision subpart subsection tax reductions taxable timber tion trade or business U.S. SENATE unem unemployed unemployment insurance wages VBEC wages paid Washington WEICKER workers
Popular passages
Page 400 - If the allowance of a credit or refund of an overpayment of tax attributable to a net operating loss carryback is otherwise prevented by the operation of any lav? or rule of law other than section 7122, relating to compromises, such credit or refund may be allowed or made, if claim therefor is filed within the period provided in subparagraph (A) of this paragraph.
Page 343 - Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. The PRESIDING OFFICER. Without objection, it is so ordered.
Page 236 - ... is not necessary in the public interest and for the protection of investors by reason of the small amount involved or the limited character of the public offering...
Page 260 - ... the later. In the case of such a claim, the amount of the credit or refund may exceed the portion of the tax paid within the period provided in subsection (b)(2) or (c), whichever is applicable, to the extent of the amount of the overpayment attributable to such carryback.
Page 193 - Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1954.
Page 250 - It shall be unlawful for any person, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate commerce or of the mails...
Page 282 - Mr. President, a parliamentary inquiry. The PRESIDING OFFICER. The Senator will state it. Mr.
Page 340 - ... (B) APPLICABLE RULES. — If the allowance of a credit or refund of an overpayment of tax attributable to an investment credit carryback is otherwise prevented by the operation of any law or rule of law other than section 7122, relating to compromises, such credit or refund may be allowed or made, if claim therefor is filed within the period provided in subparagraph (A) of this paragraph.
Page 336 - December 31, 1975, an employer acquires the major portion of a trade or business or the major portion of a separate unit of a trade or business...
Page 349 - INCOME. (a) GENERAL RULE. — In the case of an individual who has received earned income before the beginning of the taxable year, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the...