Impact of Current Tax Proposals on Small Business: Hearings Before a Subcommittee of ... 88-1 ... April 29 and 30, 1963 |
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16th amendment additional administration administration's ALAN BIBLE amendment annual receipts apply average benefits bracket Business Size Standards capital gains tax capital-gains Chairman competitive Congress contract cutters corporate income corporate rate corporate tax depreciation earnings effect enacted enterprises equipment estate tax exceed Federal FOWLER Herlong impact incentive income tax rates increase industry interstate van line investment credit itemized deductions legislation Means Committee ment million normal and surtax number of employees operation ordinary income owners percent present law President President's proposal problem profit proposed tax provisions recommended reform research and development reserve ratio restricted stock result revision Senator BIBLE Senator SPARKMAN Small Business Administration small business concern small businessmen small firms statement stock option substantial surtax exemption surtax rates tax cut tax program tax proposals tax reduction tax structure tax treatment taxable income taxation taxpayers timber tion transfer at death Treasury WESBERRY
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Page 228 - A small business concern for the purpose of government procurement is a concern, including its affiliates, which is independently owned and operated is not dominant in the field of operation in which it is...
Page 214 - small business concern" is a concern, including its affiliates, which is independently owned and operated, is not dominant in the field of operation in which it is bidding on Government contracts, and can further qualify under the criteria set forth in regulations of the Small Business Administration (Code of Federal Regulations, Title 13, Section 121.3-8).
Page 209 - In addition to the foregoing criteria, the Administrator, in making a detailed definition, may use these criteria, among others: Number of employees, and dollar volume of business. Where the number of employees is used as one of the criteria in making such definition for any of the purposes of this Act, the maximum number of employees...
Page 125 - ... (35 percent of the gross estate or 50 percent of the taxable estate).
Page 226 - After consideration of all such relevant matter as was presented by interested persons regarding the rules proposed, the following amendments are adopted.
Page 24 - ... the spread between the option price and the value of the stock at that time constitutes ordinary income to the employee.
Page 210 - State, by the municipality or other political subdivision in which the facility is located), for the accommodation of convalescents or other persons who are not acutely ill and not in need of hospital care but who require skilled nursing care and related medical services...
Page 217 - Transportation. Any concern bidding on a contract for passenger or freight transportation, not elsewhere defined in this section, is classified : (1) As small if its number of employees does not exceed 500 persons.
Page 125 - Yet, without selling, the shareholder, unless possessed of other resources, has not the wherewithal to pay an income tax upon the dividend stock. Nothing could more clearly show that to tax a stock dividend is to tax a capital increase, and not income, than this demonstration that in the nature of things it requires conversion of capital in order to pay the tax. Throughout the argument of the Government, in a variety of forms, runs the fundamental error already mentioned — a failure to appraise...
Page 217 - ... of operation, and can further qualify under the criteria set forth below. A concern which is a small business under § 121.3-8 which has applied for or received a Certificate of Competency is a small business eligible for an SBA loan to finance the contract covered by the Certificate of Competency. If no standard for an industry, field of operation, or activity has been set forth in this section, a concern seeking a size determination shall submit SBA Form 355 to the Associate Administrator for...