Publisher's Synopsis
Excerpt from Description of Tax Bills, S. 805, S. 1214, S. 1304, S. 1320, and S. 1369: Scheduled for a Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance on July 24, 1981
Under present law, regulated investment companies are permitted to deduct dividends paid to their shareholders if they satisfy certain statutory requirements. In general, to qualify as a regulated invest ment company, a corporation must register under the Investment Company Act, derive its income from dividends, interest and the sale of stocks and securities, and meet certain investment diversification requirements.
In order to register under the Investment Company Act, a corporation must have more than 100 shareholders or must be making or. Presently proposing to make a public offering.
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.
