Description of Tax Bills Listed for a Hearing Before the Subcommittee on Taxation and Debt Management Generally of the Committee on Finance, on February 29 and March 4, 1980U.S. Government Printing Office, 1980 - 68 страници |
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Страница 42 - Except as otherwise provided in this section, amounts received by an employee through accident or health insurance for personal injuries or sickness shall be included in gross income to the extent such amounts (1) are attributable to contributions by the employer which were not includible in the gross income of the employee, or (2) are paid by the employer.
Страница 60 - Fraternal beneficiary societies, orders, or associations, (a) operating under the lodge system or for the exclusive benefit of the members of a fraternity itself operating under the lodge system...
Страница 14 - Has not worked in the labor force for a substantial number of years but has, during those years, worked in the home providing unpaid services for family members...
Страница 44 - ... who willfully furnishes a false or fraudulent statement, or who willfully fails to furnish a statement in the manner, at the time, and showing the information required under section 6051 or 6053 (b).
Страница 28 - ... is used in a trade or business or for the production of Income.
Страница 67 - Tax Reform Act of 1969 provided (in the so-called "Clay Brown provision") that an exempt organization's income from "debtfinanced property," which is not used for its exempt function, is to be subject to tax in the proportion in which the property is financed by debt. In general, debt-financed property is defined as "any property which is held to produce income and with respect to which there is acquisition indebtedness
Страница 42 - For example, no tax shall be withheld with respect to wage continuation payments made on behalf of an employer by an insurance company under an accident or health policy, by a separate trust under an accident or health plan, or by a State agency from a sickness and disability fund maintained under State law.
Страница 60 - ... policy statement, contains a provision which provides for discrimination against any person on the basis of race, color, or religion. Exempt status is granted under section 501 (c) (8) to fraternal beneficiary societies, orders, or associations which operate under the lodge system or for the exclusive benefit of the members of a fraternity operating under the lodge system...
Страница 51 - ... (including parts or accessories of such articles sold on or in connection therewith, or with the sale thereof) by the manufacturer, producer, or importer a tax equivalent to 10 percent of the price for which so sold.
Страница 26 - As a result, a net operating loss which is created as a result of a casualty loss may generally be carried back as a deduction against income for the three taxable years preceding the taxable year in which the loss occurred and may be carried over as a deduction against income for the seven taxable years following the year of the loss.