Author: United States; Congress; Joint Taxation

Publisher:

Published: 2015-07-06

Total Pages: 36

ISBN-13: 9781330798805

Excerpt from Description of Tax Matters Raised by the Payment-in-Kind (Pik) Program, Including a Description of S. 446, S. 495, and S. 527 The Subcommittee on Energy and Agricultural Taxation and the Subcommittee on Oversight of the Internal Revenue Service of the Committee on Finance has scheduled a hearing, to be held on February 28, 1983, on the tax matters raised by the agricultural commodities payment-in-kind (PIK) program. The hearing will consider specifically S. 446, introduced by Senators Jepsen, Dole, Grassley, Wallop, Durenberger, and Pryor, S. 495, introduced by Senator Baucus, and S. 527, introduced by Senators Grassley, Wallop, Bentsen, Boren, Symms, Roth, and Danforth. The first part of this document is a summary of S. 446, S. 495, and S. 527 and other tax matters raised by the PIK program. The second part is a description of the PIK program. The third part is a description of present law relating to the tax matters raised by the PIK program. The fourth part is a description of the tax issues raised by the PIK program. The fifth part is a description of S. 446, S. 495, and S. 527, including revenue effects. The sixth part provides a description of prior Congressional action on the tax treatment of the PIK program. 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.