Congressional Research Service Reports - 20 Matching Results
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- Business Tax Issues in 2007
- This report discusses the information related to business tax issues in the year 2007. It also discusses the business tax legislation, 2001-2006.
- Education Tax Benefits: Are They Permanent or Temporary?
- This report very briefly describes the education tax benefits available to individuals and highlights their permanent-versus-temporary features.
- The Alternative Minimum Tax for Individuals: Legislative Initiatives in the 110th Congress
- This report discusses the alternative minimum tax (AMT) for individuals that was originally enacted to ensure that all taxpayers, especially high-income taxpayers, pay at least a minimum amount of federal taxes.
- Brownfields Tax Incentive Extension
- This report discusses the brownfields tax incentive, which expires on December 31, 2007. Enacted in 1997, the provision allowed a taxpayer to fully deduct the costs of environmental cleanup in the year the costs were incurred, rather than spreading the costs over a period of years.
- Energy Tax Policy: History and Current Issues
- This report provides historical context regarding energy tax policy and discusses what may lie ahead.
- Tax-Exempt Organizations: Political Activity Restrictions and Disclosure Requirements
- This report examines the limitations that the Internal Revenue Code places on political activity -- including lobbying and campaign intervention -- by tax-exempt organizations.
- Estate Taxes and Family Businesses: Economic Issues
- The report discusses an uncapped exemption and an uncapped exemption targeted at liquidity issues.
- Federal Aviation Administration Reauthorization: An Overview of Selected Provisions in Proposed Legislation
- No Description Available.
- Federal Aviation Administration Reauthorization: An Overview of Selected Provisions in Proposed Legislation
- No Description Available.
- Federal Deductibility of State and Local Taxes
- This report provides a brief history of deductible state and local taxes, and discusses deduction for real estate property taxes, deductions for income, sales, and use taxes. The report also discusses policy alternatives and current legislation.
- Energy Tax Policy: History and Current Issues
- No Description Available.
- Energy Tax Policy: History and Current Issues
- No Description Available.
- Corporate Tax Reform: Issues for Congress
- This report provides an overview of corporate tax issues and discusses potential reforms in the context of these issues, with particular attention to some of the recent research concerning large behavioral responses and their implications for revenue and distribution.
- Farm Legislation and Taxes in 2007
- No Description Available.
- Export Tax Benefits and the WTO: The Extraterritorial Income Exclusion and Foreign Sales Corporations
- No Description Available.
- Increasing the Social Security Payroll Tax Base: Options and Effects on Tax Burdens
- This report provides information on the options and effects of increasing the social security payroll tax.
- Taxation of Hedge Fund and Private Equity Managers
- This report provides background on hedge funds and private equity and summarizes the tax issues.
- The Alternative Minimum Tax for Individuals
- This report discusses the alternative minimum tax (AMT), which was enacted to ensure everyone pays a minimum of federal taxes.
- Federal Estate, Gift, and Generation-Skipping Taxes: A Description of Current Law
- This report contains an explanation of the major provisions of the federal estate, gift, and generation-skipping transfer taxes. The discussion divides the federal estate tax into three components: the gross estate, deductions from the gross estate, and computation of the tax, including allowable tax credits. The federal estate tax is computed through a series of adjustments and modifications of a tax base known as the "gross estate." Certain allowable deductions reduce the gross estate to the "taxable estate," to which is then added the total of all lifetime taxable gifts made by the decedent. The tax rates are applied and, after reduction for certain allowable credits, the amount of tax owed by the estate is reached.
- Alternative Minimum Taxpayers By State: 2003, 2004, and Projections for 2007
- This report describes the Alternative Minimum Tax (AMT), specifically the number of people affected in the years 2004-2007.