Stockholders Investment Act of 1974: Hearing Before the Subcommittee on Financial Markets of the ..., 93-2 February 5, and 6, 19741974 - 368 pages |
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accounts American average bank trust departments believe bill brokerage firms capital gains tax capital losses capital markets Chairman Committee common stocks concentration Corp corporations cost disclosure discretionary dividends dollars earnings economy effect Federal fiduciary graduated capital gains growth held holding period impact incentives increase individual investor inflation institutional investors insurance companies interest Internal Revenue Code investment issues legislation less limitations liquidity long-term capital market liquidity market value ment million months mutual funds National NYSE ordinary income pension assets pension fund pension fund managers pension manager pension plan percent percentage portfolio present price-earnings ratios problems proposed prudent man rule purchasing requirements reserves restrictions result risk securities industry securities markets sell Senator BENNETT Senator BENTSEN shares statement stock market stockholders Subcommittee tax rate tax treatment taxable taxation taxpayer tion trading trust assets U.S. Steel York Stock Exchange
Popular passages
Page 262 - In the case of a taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account...
Page 40 - In the case of a taxpayer other than a corporation, losses from sales or exchanges of capital assets shall be allowed only to the extent of the gains from such sales or exchanges, plus the taxable income of the taxpayer or $1,000, whichever is smaller.
Page 53 - Capital Losses. Losses from sales or exchanges of capital assets shall be allowed only to the extent allowed in sections 1211 and 1212.
Page 262 - ... upon the sale or exchange of a capital asset shall be taken into account in computing net income: 100 per centum if the capital asset has been...
Page 42 - BENTBEN introduced the following bill ; which was read twice and referred to the Committee on Finance A BILL To provide for...
Page 308 - ... furnishing capital to industry, financing promotional enterprises, purchasing securities of issuers for which no ready market is in existence...
Page 353 - ... may hold, maintain, improve, develop, repair, lease, sell or otherwise deal with or dispose of such real estate or leaseholds, but the total investment of a company pursuant to this subsection in any one parcel of real estate or in any one leasehold shall not exceed...
Page 54 - ... capital loss for any taxable year shall be carried to the earliest of the taxable years to which such loss may be carried, and the portion of such loss which shall be carried to each of the other taxable years to which such loss may be carried shall be the excess, if any, of such loss over the total of the net capital gains for each of the prior taxable years to which such loss may be carried. For purposes of the preceding sentence, the net capital gain for any such prior taxable year shall be...
Page 167 - The Study of Tax Policies for Economic Growth of the National Bureau of Economic Research...
Page 271 - I131, on the assumption that the loss of iodine from the protein is a measure of its degradation. Generally, it is assumed without question that iodine is lost neither by exchange nor by any reaction that does not involve the rupture of the peptide bonds. The purpose of this paper is to call attention to the fact that this assumption probably is erroneous, at least for some experimental arrangements. In particular, this assumption is certainly incorrect for human serum albumin iodinated by the method...