Description of H.R. 1761 Relating to Simplification of the Corporate Minimum Tax: Scheduled for a Hearing Before the Subcommittee on Select Revenue Measures of the House Committee on Ways and Means on June 8, 1989
U.S. Government Printing Office, 1989 - Corporations - 9 pages
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
1761 would simplify able income ACRS system adopted ACRS system applies adjusted basis adjusted current earnings Adjustments and preferences adopted in 1986 alternative depreciation system alternative mini alternative minimum tax alternative minimum taxable applicable earnings apply to individuals bad debt beginning after 1989 beginning before 1990 book method computing alternative minimum corporate minimum tax corporation's book treatment current earnings preference declining balance method described under present dividends received duction earnings and profits exemption amount exploration and development foreign tax credit House bill incurred after 1986 installment sales intangible drilling costs ities justment law minimum tax losses which apply minimum tax adjustment minimum tax treatment minimum taxable income Mining exploration mum tax mum taxable income paid or incurred placed in service present law minimum prior law add-on profits method real property regular tax Senate amendment service in taxable special rules relating straight line tax liabil taxable years beginning tive minimum taxable