House Bill 3475 Tax Law Simplification And Improvement Act Of 1983

Author : Joint Committee on Taxation
Publisher : Forgotten Books
ISBN 13 : 9781334978302
Total Pages : 80 pages
Book Rating : 4.9/5 (783 download)

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Download or read book Description of H. R. 3475, Tax Law Simplification and Improvement Act of 1983 written by Joint Committee on Taxation and published by Forgotten Books. This book was released on 2017-01-11 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Description of H. R. 3475, Tax Law Simplification and Improvement Act of 1983: Scheduled for a Hearing Before the Committee on Ways and Means on July 25, 1983 The individual estimated income tax rules of present law would be simplified and clarified by the bill. Generally, an individual would be required to make estimated tax payments (including with holding payments) equal to 80 percent of the current year's tax or 100 percent of the prior year's tax. Payments based on annualized income would be allowed. The due date for the second installment payment, currently June 15, would be moved to July 15. The Secre tary could waive the penalty for failure to make payments where there was reasonable cause for the failure. The provision would be effective for taxable years beginning after 1983. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.