Tax Reform Act of 1986: Conference Report (to Accompany H.R. 3838).U.S. Government Printing Office, 1986 |
Other editions - View all
Common terms and phrases
adjusted adjusted basis aggregate face amount allocated amended by adding amended by striking amended to read AMENDMENTS RELATED amount of bonds August 16 beginning after December benefit cafeteria plan calendar carryback clause contract December 31 deduction defined in section described in paragraph described in section distribution dividend EFFECTIVE DATE.-The amendments election end thereof exceed excess exempt following new paragraph foreign corporation GENERAL.-The term gross income highly compensated employees individual inserting in lieu interest Internal Revenue Code investment loan loss meaning of section ment payment percent period person placed in service preceding sentence pursuant read as follows real property redesignating RELATED TO SECTION REMIC respect Secretary section shall apply September 26 SPECIAL RULE spect subchapter subpara subparagraph Subtitle taken into account tax imposed Tax Reform Act tax-exempt taxable income taxable years beginning taxpayer term qualified thereof the following tion trade or business treated TREATMENT trust United
Popular passages
Page 10 - Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of title 38, United States Code.
Page 139 - Losses from sales or exchanges of capital assets shall be allowed only to the extent allowed in sections 1211 and 1212.
Page 606 - An individual legally separated from his spouse under a decree of divorce or of separate maintenance shall not be considered as married.
Page 453 - For purposes of the tax imposed by section 2001, the value of the taxable estate shall be determined by deducting from the value of the gross estate the exemption and deductions provided for in this part.
Page 404 - Gross Income does not Include that part of any amount received as an annuity under an annuity, endowment, or life Insurance contract which bears the same ratio to such amount as the Investment in the contract (as of the annuity starting date) bears to the expected return under the contract (as of such date).
Page 99 - B of chapter 1 is amended by striking out the item relating to section 219 and inserting in lieu thereof the following: "Sec. 219. Retirement savings. "Sec. 220. Cross references.". (2) The table of sections for subpart A of part T of subchapter D of chapter 1 is amended by adding at the end thereof the following : "Sec. 408. Individual retirement accounts.
Page 33 - ... the determination by any court, including the Tax Court, In any proceeding in which the decision of the court has become final, shall be conclusive except with respect to the net operating loss deduction, and the effect of such deduction, to the extent that such deduction is affected by a carryback which was not In issue in such proceeding.
Page 175 - ... its proportionate share of the gains and losses of the common trust fund from sales or exchanges of capital assets held for more than 6 months; (C) its proportionate share of the ordinary taxable income or the ordinary net loss of the common trust fund, computed as provided in subsection (d).
Page 175 - As part of its gains and losses from sales or exchanges of capital assets held for not more than 6 months...
Page 97 - That (a) subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1954 (relating to credits against...