Description of Tax Bills, S. 805, S. 1214, S. 1304, S. 1320, and S. 1369: Scheduled for a Hearing Before...
- ISBN-10
- 1333756321
- ISBN-13
- 9781333756321
- Category
- Business & Economics
- Pages
- 22
- Language
- English
- Published
- 2016-09-27
- Publisher
- Forgotten Books
- Author
- U. S. Joint Committee on Taxation
Description
Excerpt from Description of Tax Bills, S. 805, S. 1214, S. 1304, S. 1320, and S. 1369: Scheduled for a Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance on July 24, 1981 Under present law, interest paid or incurred with respect to prop erty held for investment generally may be deducted only to the extent of net investment income plus of other income. Net investment income ln general consists of income from interest, dividends, rents, royalties, and short-term capital gain from the disposition of invest ment property. Less expenses connected with the production of invest ment income (code sec. 163 (d) About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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