There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides that in the case of any taxable year beginning after December 31, 1969, the provision of the Internal Revenue Code allowing a special deduction and income account shall also apply in all respects to a company which writes lease guaranty insurance on governmental obligations the interest on which is excludable from gross income. (Adds 26 U.S.C. 832 (e)(6))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides that in the case of any taxable year beginning after December 31, 1969, the provision of the Internal Revenue Code allowing a special deduction and income account shall also apply in all respects to a company which writes lease guaranty insurance on governmental obligations the interest on which is excludable from gross income. (Adds 26 U.S.C. 832 (e)(6))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides that in the case of any taxable year beginning after December 31, 1969, the provision of the Internal Revenue Code allowing a special deduction and income account shall also apply in all respects to a company which writes lease guaranty insurance on governmental obligations the interest on which is excludable from gross income. (Adds 26 U.S.C. 832 (e)(6))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Provides that in the case of any taxable year beginning after December 31, 1969, the provision of the Internal Revenue Code allowing a special deduction and income account shall also apply in all respects to a company which writes lease guaranty insurance on governmental obligations the interest on which is excludable from gross income. (Adds 26 U.S.C. 832 (e)(6))