1997 tax legislation

1997 tax legislation

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qThe Taxpayer Relief Act of 1997 (Public Law 105-34) makes sweeping code changes affecting individuals, families, and investors as well as small and large businesses. Key provisions provide for capital gains reductions; child tax credits; educational incentives; savings and investment incentives; alternative minimum tax reform; and estate, gift, and generation-skipping tax reform.q - [page 3].The total transportation is 1, 200 miles, with 300 miles of the total involving the flight from the rural airport. Therefore, 25 percent of the transportation or $200 ( 300 miles -:- 1200 total miles agt;alt; $800) involves travel from a rural airport and is taxed at the 7 .5-percent rate. ... taxable amounts, according to the Conference Committee Report include: (1) payments for frequent flyer miles purchased by credit cardanbsp;...

Title:1997 tax legislation
Author: United States
Publisher:CCH Incorporated - 1997-08

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