CORPORATIONS

Addresses

Corporate Pensions: James R. Stover, 3244 [1MR]

OPIC: President Bush, 15359 [22JN]

Amendments

Interlocking directorates and officers: amend provisions of law regulating (H.R. 29), 36294, 36640 [27OC]

Analyses

Capital Market Competition, Stability, and Fairness Act (H.R. 5006), 13813-13815 [13JN]

Environmental control assets (H.R. 5216), 16598 [28JN]

Fair Disclosure in Takeovers Act (H.R. 4620), 8561 [27AP]

Political Campaign Prohibitions on Certain Activities by Corporations and Labor Organizations (H.R. 5033), 13986 [13JN]

Articles and editorials

``Bubble'' of Hot Air, 28166 [10OC]

Bum Trade on Capital Gains?, 18602 [23JY]

Bush Capital Gains Loophole—$32,819 Tax Break for the 6,846 Richest Connecticuters, 24026 [12SE]

Bush Must Bend on Capital Gains, 26663 [28SE]

Capital Gains Treatment, 3085 [1MR]

Corporate Automobile Fuel Efficiency, 25349 [24SE]

Damning Facts of a New Stocks Tax, 18604 [23JY]

Dealing Into Debt—Takeover Frenzy Poses Long-Term Threats to the Economy, 1106 [1FE]

Don't Pop the Bubble, 28166 [10OC]

I.R.S Investigating Foreign Companies Over Units in U.S.—Low Tax Payments Cited, 3521 [6MR]

Judge Clears the Way for Lawsuit, Accusing Exxon and Conoco of Rigging Oil Prices, 9191 [2MY]

Long-Term Investment, Competitiveness, and Corporate Takeover Reform Act, 2407 [22FE]

Merger Mania Isn't Helping U.S. Economy, 2868 [27FE]

New Support for Code on Transnationals, 5901 [29MR]

Oil Trading—Brent Blues, 9190 [2MY]

Oversized Taxes for the Middle Class?, 28165, 28187 [10OC]

Reducing the Tax on Capital Gains, 3085 [1MR]

Revitalize, 24753 [17SE]

Secrets Koito Hoped To Hide by Keeping Me Off Its Board, 6090 [29MR]

Soak the Poor, 31159 [19OC]

Tax Rates Under the ``Bubble'', 15863 [27JN]

Bills and resolutions

Business: promotion of employee stock ownership plans (see H.R. 4226)

Crime and criminals: racketeer influenced and corrupt organizations (see H.R. 5111)

Elections: prohibit contributions by political committees controlled by foreign-owned corporations (see H.R. 5861)

Employee Ownership and Partnership Act: enact (see S. 2720)

Europe: establish free trade area with U.S. (see H.R. 5273)

Foreign Anticompetitive Practices Act: enact (see H.R. 4724)

Foreign Tax Equity Act: enact (see S. 2410)

Industry: provide manufacturers deemed critical to national defense with incentive to invest in productive equipment (see H.R. 4852)

Long-Term Investment, Competitiveness, and Corporate Takeover Reform Act: enact (see S. 2160)

Money: modify and codify recordkeeping requirements relative to international wire transfers (see H.R. 4064)

Monopolies: notification requirements applicable to foreign persons who acquire voting securities or assets of persons in the U.S. (see H.R. 5581)

Motor Vehicle Information and Cost Savings Act: corporate average fuel economy standards (see H.R. 4532)

Petroleum: excess profits tax on certain corporations (see H.R. 5843)

Political campaigns: additional prohibitions on certain activities by corporations and labor organizations (see H.R. 5033)

Securities: disclosure of information relative to certain proxy contests (see H.R. 4620)

———regulation, stability, and competition of markets (see H.R. 5006)

Taxation: allow subchapter S corporations to have foreign sales corporations as subsidiaries (see H.R. 5347)

———application of the foreign investment company rules and repeal the export trade corporation rules (see H.R. 5753)

———capital gains (see H.R. 4105, 4859, 5364, 5906)

———charitable contributions of appreciated property (see H.R. 5318)

———charitable deduction for corporate contributions of employee services to educational organizations (see H.R. 4708)

———corporate State, local, and franchise deduction allocation to foreign source income (see S. 2584)

———credits to employers who employ members of the Ready Reserve or the National Guard (see H.R. 5804)

———deny deduction for interest on junk bonds used in hostile takeovers (see H.R. 4334)

———ensure fair payment by foreign corporations (see H.J. Res. 629)

———environmental control assets (see H.R. 5216)

———filing of returns by businesses receiving certain amounts of cash (see H.R. 5779)

———income gained from providing leveraged buyouts (see H.R. 4411)

———income of certain U.S.-controlled foreign corporations qualifying as insurance companies (see H.R. 4385)

———leveraged corporate takeovers (see H.R. 4707)

———limit interest deductions for certain foreign corporations in the U.S. (see H.R. 5969)

———repeal gross income limitation on regulated investment companies (see S. 3129)

———restructure the Federal incentives for certain employee stock options (see H.R. 5352)

———treatment of certain acquisitions of productive equipment of small- and medium-sized manufacturers (see H.R. 5493)

———treatment of certain financing of a partnership by a related person relative to partnership allocation rules (see H.R. 4817)

———treatment of cooperative housing corporations (see H.R. 5576)

———treatment of foreign-owned corporations (see H.R. 4308)

———treatment of siblings as shareholders to determining whether a corporation may elect to be an S corporation (see H.R. 4694)

Comparisons

Capital gains taxation legislation, 15865 [27JN]

Deed

Corporation Grant Deed, Westhaven Trust, 14045 [14JN]

Descriptions

Business Cash Reporting Compliance Act (H.R. 5779), 27375 [3OC]

Explanations

Taxes on income gained from providing leveraged buyouts (H.R. 4411), 5801 [28MR]

Letters

Corporate automobile fuel efficiency: Alan Kemper, National Corn Growers Association, 25329 [24SE]

———Bob Perkins, Chrysler Corp., 25328 [24SE]

———Dick Warden, UAW, 25329 [24SE]

———Elliott S. Hall, Ford Motor Co., 25328 [24SE]

———Energy Environmental Analysis, Inc., 25347 [24SE]

———James D. Johnston, General Motors Corp., 25328 [24SE]

———James D. Watkins, Sec. of Energy, 25348 [24SE]

———John C. Datt, American Farm Bureau Federation, 25329 [24SE]

———Samuel K. Skinner, Sec. of Transportation, 25348, 25349 [24SE]

———William K. Reilly, EPA, 25347 [24SE]

Huels AG acquisition of Monsanto Co.'s silicon division: C.M. Krauch, 9436 [3MY]

Income tax rates: Senator Bradley, 28167 [10OC]

Taxation of foreign corporations: Senator Helms, 3520, 3521 [6MR]

U.N. Code of Conduct for Transnational Corporations: Representatives Yatron and Wayne Owens, 488 [24JA]

Venture capital and seed capital formation: William E. Wetzel, Jr., 16048 [27JN]

Lists

Publicly announced employment cutbacks by large corporations, 781 [30JA]

U.S. companies identified as having Japanese clients which have not been registered under Foreign Agents Registration Act, 7156 [5AP]

Memorials of legislature

California, 9605 [8MY], 9903 [9MY], 26908 [1OC]

Press releases

Corporate automobile fuel efficiency: Samuel J. Skinner, Sec. of Transportation, 25312 [24SE]

Japanese trade policies: Allied-Signal (corporation), 2713 [27FE]

Outline of arrests, charges, and forfeitures under Operation Drug Wheels, 27925-27926 [6OC]

Remarks in House

Bankruptcy: prevent criminal evasion of restitution by declaring (H.R. 4959), 12592 [5JN], 13909 [13JN]

Budget: personal income versus capital gains tax rates, 24742-24744, 24752 [17SE], 24896 [18SE], 25158, 25163 [19SE], 25559, 25560, 25562, 25563, 25564 [25SE], 26193 [27SE], 26566, 26567, 26568 [28SE], 26663 [28SE], 29125 [15OC], 30111, 30112, 30113, 30114, 30115, 30116 [17OC], 30466 [18OC]

———tax rates on certain upper income brackets, 31094, 31095, 31096, 31157-31163, 31168, 31169, 31170 [19OC], 31911 [22OC], 32618, 32621 [23OC], 33610, 33615 [24OC], 34082 [25OC]

Business: Presidential authority to block foreign takeovers of U.S. companies, 9436 [3MY]

Crime and criminals: racketeer influenced and corrupt organizations (H.R. 5111), 15346 [21JN]

Cummins Engine Co.: corporate takeover threat, 2877 [27FE]

Drug abuse: financial institutions involved in money laundering for traffickers, 3443 [6MR]

Employee stock ownership plans: promotion (H.R. 4226), 4050 [8MR]

FDIC: prohibit the payment of golden parachute bonuses by an insured depository institution (H.R. 4268), 17440 [13JY]

Foreign Anticompetitive Practices Act: enact (H.R. 4724), 9440 [3MY]

Foreign investments: collection of data, 6855 [4AP]

———improve quality of data (H.R. 4520), 7680 [20AP]

Go-Video, Inc.: antitrust lawsuit against major Japanese electronics and trading companies, 19759 [26JY]

Interlocking directorates and officers: amend provisions of law regulating (H.R. 29), 10423-10426 [15MY]

———amend provisions of law regulating (H.R. 29), Senate amendments, 36950, 36951 [27OC]

International corporations: impact on U.S. economy, 9325-9327 [3MY]

Japan: foreign trade policies, 2712 [27FE]

———reduction of trading or investment barriers for U.S. companies (H. Con. Res. 216), 6090 [29MR]

———U.S. investments, 4531 [20MR], 4990 [22MR], 6623 [4AP]

Labor Force 2000: convening, 3040 [28FE]

Leveraged buyouts: protection of employees and investors, 12 [23JA], 448 [24JA], 718 [30JA], 7281 [18AP], 7918 [24AP]

Lockheed Corp.: impact of corporate takeover, 5701 [28MR]

Martin Marietta Corp.: tribute, 25044 [19SE]

Money: modify and codify recordkeeping requirements relative to international wire transfers, 3052 [28FE]

National defense: clarify and strengthen provisions relative to national security takeovers (H.R. 5225), 27408 [3OC]

Orkand Corp.: tribute, 997 [31JA]

Pensions: economic stability status, 14304 [14JN]

Political campaigns: contributions by national banks, corporations, and labor unions (H.R. 3798), 4256, 4257, 4258 [13MR]

Power resources: impose an excess profits tax on the income of corporations engaged in the production of petroleum and petroleum products (H.R. 5843), 30468 [18OC]

Rand Corp.: anniversary, 10113 [10MY]

Reciprocity of Foreign Investment Act: enact (H.R. 3699), 12239 [24MY]

Research: funding, 12 [23JA]

Securities: disclosure of information relative to certain proxy contests (H.R. 4620), 8560 [27AP]

———regulation, stability, and competition of markets (H.R. 5006), 13812, 13827 [13JN]

Small business: impact of taxation and government regulation, 31910 [22OC]

Takeovers: protection of public interest and investors, 1488 [7FE], 6054 [29MR]

Taxation: capital gains, 3084-3086 [1MR], 4255, 4256, 4260 [13MR], 4325 [14MR], 4416 [15MR], 12109 [24MY], 18820 [24JY], 21238 [1AU], 23958, 24025 [12SE], 24895, 24896, 24897, 24898, 24899, 24901, 24902, 24903 [18SE], 26016, 26017, 26018, 26019 [26SE], 27688 [5OC], 27902 [6OC]

———commmittee hearing on taxes paid by U.S. subsidiaries of foreign corporations, 18363 [19JY]

———compliance by U.S. subsidiaries of foreign-owned companies, 9826 [9MY]

———deny deduction for interest on junk bonds used in hostile takeovers (H.R. 4334), 4947 [21MR]

———environmental control assets (H.R. 5216), 16597 [28JN]

———filing of returns by businesses receiving certain amounts of cash (H.R. 5779), 27375 [3OC], 27925 [6OC]

———foreign corporation rates, 31911 [22OC]

———income gained from providing leveraged buyouts (H.R. 4411), 5801 [28MR], 18251 [19JY]

———limit interest deductions for certain foreign corporations in the U.S. (H.R. 5969), 37134 [27OC]

———oil windfall profit tax, 32618 [23OC], 34082 [25OC]

———restructure the Federal incentives for certain employee stock options (H.R. 5352), 19102 [24JY]

———treatment of certain acquisitions of productive equipment of small- and medium-sized manufacturers (H.R. 5493), 23095 [3AU]

———treatment of cooperative housing corporations (H.R. 5576), 26462 [27SE]

———treatment of foreign-owned corporations (H.R. 4308), 4554 [20MR]

———treatment of U.S. subsidiaries of foreign-owned companies, 3466-3468 [6MR]

———underpayment of taxes by U.S. subsidiaries of foreign-owned companies, 16886-16891 [11JY]

U.N.: code of conduct for transnational corporations, 488 [24JA]

Remarks in Senate

Bath Iron Works: GAO investigation into accounting procedures, 10025, 10026 [10MY]

Budget: personal income versus capital gains tax rates, 25859 [26SE], 28164-28167 [10OC]

———tax rates on certain upper income brackets, 30645-30652 [18OC], 35451 [26OC]

Code of Conduct for transnational corporations, 5901 [29MR]

Employee Ownership and Partnership Act: enact (S. 2720), 13486 [8JN], 14222 [14JN]

Export Company Incentive Act: enact (S. 2983), 22862 [3AU]

Foreign Tax Equity Act: enact (S. 2410), 6537 [3AP]

IBM Corp.: Malcolm Baldrige Award to Rochester, MN, division, 33312 [23OC], 36678 [27OC]

Interlocking directorates and officers: amend provisions of law regulating (H.R. 29), 36293 [27OC]

IRS: corporation recordkeeping, 30721 [18OC]

———disallowance of deductions for interest on tax deficiencies provision, 30711 [18OC]

Long-Term Investment, Competitiveness, and Corporate Takeover Reform Act: enact (S. 2160), 2405-2411 [22FE]

OSHA: penalties for worker safety violations, 36713 [2NO]

Pension Benefit Guaranty Corp. v. LTV Corp.: Supreme Court decision, 14510 [19JN]

Petroleum: futures trading, 28171, 28172 [10OC]

———reinstate the windfall profit tax on domestic crude oil, 30672 [18OC]

———tax fraud scheme by certain oil companies to manipulate prices on Brent trading market, 9190 [2MY]

Securities: transfer tax proposal, 18604 [23JY]

Taxation: capital gains-1165, 1298 [6FE], 15852-15865 [27JN], 17966 [18JY], 26467, 26468 [28SE]

———collection of lost revenue, 2147 [21FE]

———corporate State, local, and franchise deduction allocation to foreign source income (S. 2584), 9536 [7MY]

———repeal gross income limitation on regulated investment companies (S. 3129), 26515 [28SE]

———treatment of U.S. subsidiaries of foreign-owned companies, 3520 [6MR]

Reports

Corporate Automobile Fuel Efficiency: Insurance Institute, 25349 [24SE]

Federal Income Tax Burden, 1981-87: Senate staff, 33186 [23OC]

Illiteracy: Corporate Task Force on Education, 1144 [5FE]

Tax Treatment of Capital Gains: GAO, 3084 [1MR]

Reports filed

Improve the Quality of Data on Foreign Investments: Committee on Foreign Affairs (H.R. 4520) (H. Rept. 101-855), 28799 [12OC]

Interlocking Directorates and Officers: Committee on the Judiciary (House) (H.R. 29) (H. Rept. 101-483), 10233 [14MY]

———Committee on the Judiciary (Senate) (S. 994) (S. Rept. 101-286), 10267 [14MY]

Quality of Data on Foreign Investment in U.S.: Committee on Energy and Commerce (H.R. 4520) (H. Rept. 101-855), 30250 [17OC]

Statements

Capital Gains: John F. Kennedy (excerpt), 3275 [5MR]

Corporate Automobile Fuel Efficiency: Jerry R. Curry, Dept. of Transportation, 25349 [24SE]

Disallowance of Corporate Deduction for Interest on Tax Deficiencies, 30712 [18OC]

Long-Term Investment, Competitiveness, and Corporate Takeover Reform Act: Daniel Burstein, 2405 [22FE]

———Felix G. Rohatyn, 2406 [22FE]

———John S.R. Shad, 2406 [22FE]

———Lawrence Chimerine, 2406 [22FE]

———Leon G. Cooperman, 2406 [22FE]

———Peter F. Drucker, 2406 [22FE]

Rico Improvement Act: Representative Hughes, 15346 [21JN]

Sharks and the Free Market Economy: Lee B. Thomas, Jr., 10582 [15MY]

Studies

Effectiveness of the Research and Development Tax Credit: GAO, 26920 [1OC]

Tables

Capital gains tax legislation comparison, 15865 [27JN]

Capital gains tax rates, 27902 [6OC]

Capital gains tax rates under administration proposal, 1401 [6FE]

Selected agents of Japanese entities (1987-89), 7156 [5AP]

Venture capital and seed capital formation proposal, 16048 [27JN]

Windfall profit tax on domestic crude oil, 23484 [5SE]

Testimonies

American Businesses in Eastern Europe: Frank P. Doyle, 7156 [5AP]

Texts of

H.R. 29, Interlocking Directorate Act, 10423 [15MY]

H.R. 5033, political campaign prohibitions on certain activities by corporations and labor organizations, 13986 [13JN]

H.R. 5843, impose an excess profits tax on the income of corporations engaged in the production of petroleum and petroleum products, 30469 [18OC]

S. 2160, Long-Term Investment, Competitiveness, and Corporate Takeover Reform Act, 2408-2411 [22FE]

S. 2410, Foreign Tax Equity Act, 6537-6540 [3AP]

S. 2584, State, local, and franchise deductions allocation to foreign source income, 9536 [7MY]

S. 2983, Export Company Incentive Act, 22863 [3AU]

S. 3129, repeal gross income limitation on regulated investment companies, 26515 [28SE]