 | United States. Congress. Senate. Committee on Finance - Business & Economics - 1993 - 292 pages
...is allowed to deduct the fair market value of property contributed to a charitable organization.13 However, in the case of a charitable contribution...deduction is limited to the taxpayer's basis in the property.14 In the case of a charitable contribution of tangible personal property, a taxpayer's deduction... | |
 | United States. Congress. Joint Committee on Taxation - Business & Economics - 1993 - 80 pages
...generally is allowed to deduct the fair-market value of property contributed to a charitable organization.5 However, in the case of a charitable contribution...deduction is limited to the taxpayer's basis in the property.6 In the case of a charitable contribution of tangible personal property, a taxpayer's deduction... | |
 | Business & Economics - 1993 - 540 pages
...generally is allowed to deduct the fair market value of property contributed to a charitable organization.' However, in the case of a charitable contribution of inventory or other ordinary- income property, short-term capital gain property, or certain gifts to private foundations,... | |
 | United States. Joint Committee on Taxation - Law - 1995 - 94 pages
...case of a charitable contribution of short-term gain, inventory, or other ordinary income property, the amount of the deduction is limited to the taxpayer's...the adjusted basis in such property if the use by the recipient charitable organization is unrelated to the organization's tax-exempt purpose (Code sec.... | |
 | United States. Congress. House. Committee on Ways and Means - Law - 1995 - 332 pages
...based on the individual's AGI, the type of property contributed, and the type of donee organization). However, in the case of a charitable contribution...foundations, the amount of the deduction is limited to the taxpayers basis in the property (sec. 17(Xe)). Under the proposal, the deduction for charitable contributions... | |
 | United States. Congress. Senate. Committee on the Budget - Budget - 1995 - 1006 pages
...purpose.27 In cases involving contributions to a private foundation (other than certain private operating foundations), the amount of the deduction is limited to the taxpayer's basis in the property. However, under a special rule contained in section 170(e)(5), taxpayers were allowed a deduction equal... | |
 | United States. Congress. Senate. Committee on Finance - Business & Economics - 1995 - 452 pages
...purpose.27 In cases involving contributions to a private foundation (other than certain private operating foundations), the amount of the deduction is limited to the taxpayer's basis in the property. However, under a special rule contained in section 170(e)(5), taxpayers were allowed a deduction equal... | |
 | United States. Congress. Joint Committee on Taxation - Business & Economics - 1997 - 592 pages
...104 In cases involving contributions to a private foundation (other than certain private operating foundations), the amount of the deduction is limited to the taxpayer's basis in the property. However, under a special rule contained in section 170(eX5), taxpayers are allowed a deduction equal... | |
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In cases involving contributions to a private foundation (other than certain private operating foundations), the amount of the deduction is limited to the taxpayer's basis in the property. However, under a special rule contained in section 170(e)(5),... 
