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Full-Text Articles in Law
Tax Sheltering Of Income: Passive Losses Under The Tax Reform Act Of 1986, Nina J. Crimm, Ryan R. Brenneman
Tax Sheltering Of Income: Passive Losses Under The Tax Reform Act Of 1986, Nina J. Crimm, Ryan R. Brenneman
Akron Tax Journal
It is abundantly clear to those in the press and on Capitol Hill that the provisions of the new Tax Reform Act of 19862 will constitute the death knell for tax shelters. The text of the Congressional Record and pages of business, financial journals and newspapers for months prior to the Act's enactment were filled with commentary as to this doomsday effect. However, a prudent reviewer of the actual tax-sheltering provisions of the Act would be far less certain in his estimation of their overall and lasting effect. Even though the so called elimination of tax shelters has been hailed …
A Perspective On Participant Loan Provisions In Qualified Retirement Plans After The 1986 Tax Act, Richard J. Kovach
A Perspective On Participant Loan Provisions In Qualified Retirement Plans After The 1986 Tax Act, Richard J. Kovach
Akron Tax Journal
The Tax Reform Act of 1986' is the fourth major tax enactment in four years to have a significant impact on qualified deferred compensation plans. Like the Tax Equity and Fiscal Responsibility Act of 1982,2 this most recent tax legislation substantially affects the use of participant loan provisions in qualified plans. The purpose of this article is to analyze the cumulative technical difficulties that retirement plan designers and administrators should now consider in reviewing the feasibility and operation of participant loan provisions.
The New Tax Law: The Future Of Private Enterprise And Entrepreneurship, Alan Greenspan
The New Tax Law: The Future Of Private Enterprise And Entrepreneurship, Alan Greenspan
Akron Tax Journal
This is an excerpt from a speech by Alan Greenspan related to the future of private enterprise and entrepreneurship. Greenspan talks about the 1987 tax law passed by Congress, and this history of tax law in the United States leading up to this point.
The Repeal Of General Utilities For Corporate Liquidations - The Consequences Of Incomplete And Unexpected Tax Reform, Louis F. Lobenhofer
The Repeal Of General Utilities For Corporate Liquidations - The Consequences Of Incomplete And Unexpected Tax Reform, Louis F. Lobenhofer
Akron Tax Journal
This article will first discuss the history of the General Utilities doctrine and its gradual demise. Second, it will summarize the provision, noting both relief provisions and provisions designed to prevent tax avoidance under the new rules. Finally, this article will compare the effects of legislation to the justifications that prompted its enactment and discuss its side-effects.
Federal Income Tax Developments: 1986, Merlin G. Briner, James W. Childs
Federal Income Tax Developments: 1986, Merlin G. Briner, James W. Childs
Akron Tax Journal
This article surveys the 1986 federal income tax developments including relevant Supreme Court cases, income, deductions, corporate, partnership and trust taxation, as well as miscellaneous items.