A Tax Agenda for Small Business: Joint Roundtable Before the Committee on Small Business, United States Senate and the Committee on Small Business, House of Representatives, One Hundred Seventh Congress, First Session, April 4, 2001, Volume 4 |
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100 percent accounting Agenda for Small alternative minimum tax American assets Association BRARY BROST capital formation cash Chairman BOND Chairman MANZULLO CHRISTIAN-CHRISTENSEN COMMITTEE ON SMALL CONG CONGRES CONGRESS THE LIBRARY Congresswoman Velázquez cost death tax depreciation economy eliminating entrepreneurs estate tax repeal federal gift aid going GRES GRESS hear HENSE higher education House Committees important increase industry investment issue JOINT ROUNDTABLE legislation LIBR LIBRA LIBRARY CONGRESS LIBRARY OF CONGRESS loans look meal deduction million NAPOLITANO National National Restaurant Association ness ONGRES President President's proposal QSBS RARY REGALIA RESS THE LIBRARY restaurants Satagaj Section self-employed Senator BURNS Senator Kerry Small Business Committee small business community small business owners Steve Anderson talk Tax Agenda tax bill tax code tax credit tax cut tax rates tax simplification taxpayer rights Thank things tion Venture Capital vote Washington
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Page 46 - Chairman. I want to thank you and the Ranking Member for holding this hearing.
Page 55 - ... attributable to one partnership's disposition of QSBS can be rolled over if another partnership, to which that partner has contributed capital, makes a timely investment in other QSBS.
Page 55 - QSBS (as defined in section 1202) held more than six months to defer tax on the sale of those assets if they invest the proceeds in other QSBS within 60 days of that disposition. In 1998, Congress amended Section 1045 to make clear that taxpayers holding stock through a partnership could qualify for the benefits of that provision. Unfortunately, Section 1045 is silent (and the Treasury Department has issued no guidance) regarding how partners can obtain rollover benefits in the context of a variety...
Page 47 - I just want to thank all of you for being here today, and I think the other point you raised, Mr.
Page 54 - Section 1202 (having to do with qualified small business stock) would not only increase the amount of capital available to small businesses, but it would also restore Congress' original intent of several years ago to provide incentives for investors to fund small, growing firms.
Page 54 - S7(aX7), which treats a percentage of capital gains excluded from "regular" taxable income under IRC Section 1202 attributable to the disposition of qualified small business stock (QSBS) as a tax preference item for alternative minimum tax (AMI) purposes.
Page 33 - Lastly, with respect to pension plans, in 1999 employer-sponsored pension plans covered only 33 percent of workers in firms with fewer than 25 employees, and only 57 percent in firms with 25 to 99 employees. That compares with an average of 81 percent in firms with more than 100 employees.
Page 53 - The number one priority of emerging growth companies is and always has been sufficient and efficient access to capital.
Page 29 - November and ve can give you more information about that, the action that is being called by SDS, tomorrow by Col. Logan In Chicago. Question being asked.... You may not be aware of this but. for the first time the police say anywhere In the United State! they're going to issue warrants for interstate flight made by on charges of inciting to riot... I would like to get your reaction what that would mean to the SDS. RUDD Speaking. . .The United States...
Page 53 - Onr industry believes that further efforts to lower the tax rate are necessary to the long-term health of our economy and international competitiveness.