CORPORATIONS

Addresses

U.S. Economy, Social Conditions, and International Relations: Ross Perot, S428-S431 [14JA]

Analyses

Extend and Revise Rulemaking Authority Relative to Government Securities Under Federal Laws (H.R. 3927), E4045 [25NO]

Articles and editorials

Corporate Chiefs Promote Infant Care, S2903 [7MR]

Curing the Banking Crisis and Recession, S3461 [14MR]

Employers Make Cancer Detection Their Business, S4922 [24AP]

Hungry Children and the CEO's, S2902 [7MR]

No More Oil Binges?, H815 [30JA]

One Small Capital Gain—One Big Tax, S16508 [13NO], E3900 [19NO]

Popular Myths of Corporate Japan, E3518 [23OC]

Teed Off Over Sales of Golf Courses, H1662 [12MR]

U.S. Units Hit With Tax Bills of 50 Billion of Yen, H34 [3JA]

Bills and resolutions

Business and industry: amortization of goodwill and certain other intangibles (see H. Res. 292, H10931 [22NO])

———diversified skilled work force at management and decisionmaking levels (see S. 1711, S13056 [16SE])

———restrictions on the conduct of hostile takeovers by foreign-based persons (see H.R. 3847, H10841 [21NO])

Dept. of Defense: prohibit senior civilian officials from working for defense contractors for 2 years after leaving service (see H.R. 37, H55 [3JA])

Dept. of the Treasury: borrowing by Government-related corporations (see H.R. 3365, H6690 [19SE])

Elections: prohibit contributions by multicandidate committees controlled by foreign-owned corporations (see H.R. 806, H890 [5FE])

———prohibitions on election-related activity by corporations and labor organizations (see H.R. 986, H1077 [20FE])

Employment: valuation of stock received by certain employees relative to performance of services as employees (see H.R. 2480, H3709 [29MY])

Income: stockholder role in determination of income of certain executive officers (see S. 1198, S6996 [4JN]; H.R. 2522, H3854 [4JN])

Ireland, Northern: prevent discrimination in the workplace of U.S. companies (see S. 449, S2006 [20FE])

Lobbyists: disclosure of details on activities benefiting foreign interests (see H.R. 1725, H2177 [11AP])

Long-Term, Investment, Competitiveness, Pension Protection and Corporate Takeover Reform Act: enact (see S. 1679, S12182 [2AU])

Motor vehicles: corporate fuel economy standards (see H.R. 446, H83 [4JA])

———require new standards for corporate average fuel economy (see S. 279, S1221 [29JA]; H.R. 612, H683 [23JA])

National dividend plan: establish (see H.R. 430, H83 [4JA])

SBA: assist, protect, and preserve small businesses in meat production and marketing (see H.R. 229, H60 [3JA])

Securities: confidentiality in the granting and voting of proxies (see S. 2030, S17668 [22NO])

———permit certain trusts to be shareholders in certain businesses (see H.R. 2532, H3855 [4JN])

———reporting obligations of registered companies and their auditors (see H.R. 3159, H6316 [1AU])

South Africa: ban loans and investments by U.S. corporations (see H.R. 1111, H1161 [26FE])

States: taxation of domestic and foreign corporations (see H.R. 2913, H5513 [16JY])

Taxation: acquisition of partnerships without dissenters' rights (see S. 1393, S8736 [26JN])

———allow certain corporations to have foreign sales corporations as subsidiaries (see H.R. 825, H890 [5FE])

———apply accumulated earnings tax without regard to the number of shareholders in the corporation (see S. 1615, S11807 [1AU])

———capital gains (see S. 656, S3191 [13MR]; S. 698, S3712 [20MR]; S. 1924, S16060 [6NO]; H.R. 248, H77 [4JA]; H.R. 369, H81 [4JA]; H.R. 1721, H2177 [11AP]; H.R. 2703, H4866 [20JN]; H.R. 2873, H5431 [11JY]; H.R. 2958, H5650 [18JY]; H.R. 3095, H6137 [30JY]; H.R. 3128, H6192 [31JY]; H.R. 3514, H7647 [8OC]; H.R. 3741, H9580 [7NO]; H.R. 3859, H10842 [21NO]; H.R. 3875, H10930 [22NO]; H.R. 3970, H11886 [26NO])

———capital gains for small and high-risk business stock (see S. 467, S2146 [21FE]; S. 697, S3712 [20MR]; H.R. 1194, H1324 [28FE])

———capital losses (see H.R. 2286, H2952 [9MY])

———clarify amounts paid to acquire certain intangible items are treated as being paid for goodwill (see H.R. 563, H604 [18JA])

———deduction for dividends paid by domestic corporations (see H.R. 663, H712 [28JA])

———deny deduction for interest on certain corporate stock acquisition indebtedness (see H.R. 59, H55 [3JA])

———deny Puerto Rico and possession tax credit benefits relative to runaway plants (see H.R. 2632, H4437 [12JN])

———discourage from establishing foreign manufacturing subsidiaries to avoid Federal taxes (see H.R. 1031, H1079 [20FE])

———election of taxable years by certain entities (see H.R. 3943, H11885 [26NO])

———eligibility for the rules applicable to real property subdivided for sale by noncorporate taxpayers (see H.R. 2573, H4097 [6JN])

———gain or loss on certain assets and exclusion of dividends from domestic corporations from gross income (see H.R. 2073, H2536 [24AP])

———gross income limitation applicability to regulated investment companies (see H.R. 2735, H4944 [24JN])

———impose a tax on excess profits of large oil companies (see S. 340, S1505 [5FE])

———minimum tax on foreign corporations not providing sufficient information for accurate determination (see H.R. 682, H780 [29JA])

———pension distributions made in connection with the sale of a subsidiary corporation (see H.R. 2409, H3280 [20MY])

———prior law treatment of corporate reorganizations through the exchange of debt instruments (see H.R. 3262, H6383 [2AU])

———reform (see H.R. 313, H79 [4JA])

———regulated investment companies (see S. 1748, S13578 [24SE])

———repeal of gross income limitation on regulated investment companies (see S. 530, S2507 [28FE])

———require that a subchapter S corporation have only 1 class of stock (see S. 722, S3928 [21MR])

———S corporation sponsorship of employee stock ownership plans (see S. 1888, S15400 [29OC])

———shareholder income of controlled foreign corporations derived from imports into U.S. (see H.R. 2889, H5450 [15JY])

———State treatment of domestic and foreign corporations (see S. 1775, S13979 [30SE])

———treatment of accumulated earnings tax relative to the the number of shareholders in a corporation (see H.R. 306, H79 [4JA])

———treatment of amounts received by cooperative telephone companies indirectly from their members (see H.R. 1860, H2373 [17AP])

———treatment of corporations, earned income, estate, and gift taxes (see S. 1900, S15697 [31OC])

———treatment of personal service corporations relative to periodic compensation payable to owner-employees (see H.R. 3788, H10268 [14NO])

———treatment of travel on company aircraft (see S. 1346, S8310 [20JN])

———valuation of unoccupied seats on corporate aircraft (see H.R. 3417, H6878 [25SE])

Whistle blowing: protection of Government corporation personnel (see S. 392, S1789 [7FE])

Descriptions

Gross income taxation limitation applicability to regulated investment companies (H.R. 2735), E2324 [24JN]

Tax treatment of amounts paid to acquire certain intangible items treated as being paid for goodwill (H.R. 563), E218 [18JA]

Tax treatment to recapture certain losses from tax benefits for savings and loans associations (H.R. 561), E225 [18JA]

Essays

Tax Simplification—Let's Play Flatball: Karen Quick, S15701-S15706 [31OC]

Explanations

Capital gains tax reduction, S13953 [30SE]

Deny Puerto Rico and possession tax credit benefits relative to runaway plants (H.R. 2632), E2175 [13JN]

Lists

American businesses making a life saving difference, S4922 [24AP]

Remarks in House

Amgen Corp.: profits from the sale of drug to medicare patients, H10259 [14NO]

BASF Corp.: tribute to Community Advisory Panel, E3131 [24SE]

Budget: tax rates on certain upper income brackets, H10610 [20NO]

Business and industry: amortization of goodwill and certain other intangibles (H. Res. 292), H11317 [26NO]

———executive salaries, H3288 [21MY]

———restrictions on the conduct of hostile takeovers by foreign-based persons (H.R. 3847), E3982 [22NO]

Dept. of the Treasury: borrowing by Government-related corporations (H.R. 3365), H6680 [19SE], H11029-H11031 [23NO]

Elections: prohibit contributions by multicandidate committees controlled by foreign-owned corporations (H.R. 806), H894 [6FE]

General Motors Corp.: stock sale by executives, H7318 [3OC]

Income: stockholder role in determination of income of certain executive officers (H.R. 2522), E2031 [5JN]

Japan: fair trade agreement, H4566 [18JN]

———influence into U.S. corporate structure, H4948 [25JN]

———investments in U.S., H1660 [12MR], H1680 [13MR]

———U.S. investments, H811 [30JA], H1425 [6MR], H2168 [11AP], H5741 [23JY]

Lobbyists: disclosure of details on activities benefiting foreign interests (H.R. 1725), H2169 [11AP]

Marietta, GA: anniversary of Lockheed Corp. plant, E3788 [8NO]

National Management Association: Management Week in America observance, E1305 [18AP]

Pebble Beach Golf Course, CA: Japanese purchase, H2168 [11AP]

Petroleum: windfall profit tax on oil companies, H643 [23JA]

Savings and loan associations: recapture certain losses (H.R. 561), E225 [18JA]

Securities: extend and revise rulemaking authority relative to government securities under Federal laws (H.R. 3927), E4044 [25NO]

———reporting obligations of registered companies and their auditors (H.R. 3159), E2840 [2AU]

States: taxation of domestic and foreign corporations (H.R. 2913), E2552 [16JY]

Taxation: 10-percent investment tax credit (H.R. 4010), E4132 [26NO]

———allow certain corporations to have foreign sales corporations as subsidiaries (H.R. 825), E428 [5FE]

———capital gains, H785, H790 [30JA], H1572 [11MR], H5602 [18JY], H5668 [23JY], H6679 [19SE], H8124 [22OC], H8362 [23OC], H8671 [30OC], H8929 [1NO], H10283 [18NO], H11036 [23NO], E3900 [19NO]

———capital gains for small and high-risk business stock (H.R. 1194), E722 [1MR]

———capital gains (H.R. 1721), E1222 [11AP]

———capital gains (H.R. 2958), E2624 [19JY]

———capital gains (H.R. 3128), H6144 [31JY], H6198 [1AU], H7556 [8OC]

———capital gains (H.R. 3741), E3766, E3769, E3777 [8NO]

———capital gains (H.R. 3859), E4132 [26NO]

———capital gains (H.R. 3875), H10851 [22NO]

———clarify amounts paid to acquire certain intangible items are treated as being paid for goodwill (H.R. 563), E218 [18JA]

———corporate tax system, H5747 [24JY]

———deny Puerto Rico and possession tax credit benefits relative to runaway plants (H.R. 2632), E2175, E2177 [13JN]

———discourage from establishing foreign manufacturing subsidiaries to avoid Federal taxes (H.R. 1031), E745 [4MR]

———election of taxable years by certain entities (H.R. 3943), E4198 [26NO]

———gross income limitation applicability to regulated investment companies (H.R. 2735), E2323 [24JN]

———modify regulations relative to international operation of U.S. companies (H.R. 2948), E2637 [22JY]

———prior law treatment of corporate reorganizations through the exchange of debt instruments (H.R. 3262), E2883 [2AU]

———rates, E2798 [1AU]

———repeal provisions that provide that the accumulated earnings tax be applied without regard to the number of shareholders in a corporation (H.R. 306), E47 [3JA]

———treatment of amounts received by cooperative telephone companies indirectly from their members (H.R. 1860), E1308 [18AP]

———treatment of personal service corporations relative to periodic compensation payable to owner-employees (H.R. 3788), E3871 [15NO]

Remarks in Senate

Antitrust policy: foreign companies, S18070 [25NO]

Business and industry: diversified skilled work force at management and decisionmaking levels (S. 1711), S13057, S13059, S13060 [16SE]

Courts: impact of lawsuits on business and economic growth, S16602-S16604 [13NO]

Defense Production Act: retain provisions relative to foreign business activities threatening national security (S. 126), S767 [14JA]

Health: efforts against cancer deaths, S4922 [24AP]

Income: stockholder role in determination of income of certain executive officers (S. 1198), S6997 [4JN]

Ireland, Northern: prevent discrimination in the workplace of U.S. companies (S. 449), S2026 [20FE]

Kuwait: involvement of U.S. workers, firms, and products in rebuilding, S11080 [26JY]

Long-Term, Investment, Competitiveness, Pension Protection and Corporate Takeover Reform Act: enact (S. 1679), S12266 [2AU]

Motor vehicles: require new standards for corporate average fuel economy, S15753 [1NO]

———require new standards for corporate average fuel economy (S. 279), S1228-S1235, S1245 [29JA]

———require new standards for corporate average fuel economy (S. 279), star print, S5441 [7MY]

Securities: confidentiality in the granting and voting of proxies (S. 2030), S17691 [22NO]

Taxation: acquisition of partnerships without dissenters' rights (S. 1393), S8751 [26JN]

———apply accumulated earnings tax without regard to the number of shareholders in the corporation (S. 1615), S11813 [1AU]

———capital gains, S3128-S3130 [13MR], S13952 [30SE], S14860 [17OC], S16507, S16508 [13NO], S16886 [18NO]

———capital gains for small and high-risk business stock (S. 467), S2184 [21FE]

———capital gains for small and high-risk business stock (S. 697), S3714 [20MR]

———capital gains (S. 656), S3263, S3287 [13MR], S3460 [14MR]

———capital gains (S. 698), S3717 [20MR]

———impose a tax on excess profits of large oil companies (S. 340), S1506-S1509 [5FE]

———regulated investment companies (S. 1748), S13583 [24SE]

———repeal of gross income limitation on regulated investment companies (S. 530), S2521 [28FE]

———require that a subchapter S corporation have only 1 class of stock (S. 722), S3941 [21MR]

———S corporation sponsorship of employee stock ownership plans (S. 1888), S15401 [29OC]

———State treatment of domestic and foreign corporations (S. 1775), S13980 [30SE]

———treatment of corporations, earned income, estate, and gift taxes (S. 1900), S15699 [31OC]

———treatment of travel on company aircraft (S. 1346), S8349 [20JN]

Whistle blowing: protection of Government corporation personnel (S. 392), S1806, S1807 [7FE]

Reports filed

Amortization of Goodwill and Certain Other Intangibles: Committee on Ways and Means (H. Res. 292) (H. Rept. 102-376), H11287 [25NO]

Feasibility of Initiating a System for the Verification of Corporate Tax Returns Through an Information and Document Matching Program at IRS: Committee on Government Operations (H. Rept. Rept. 102-419), H12055 [18DE]

New Standards for Corporate Average Fuel Economy for Motor Vehicles: Committee on Commerce, Science, and Transportation (S. 279) (S. Rept. 102-48), S5135 [25AP]

Restriction of the Authority of Newly Established Government Related Corporations To Borrow From the Treasury: Committee on Ways and Means (H.R. 3365) (H. Rept. 102-224), H6939 [26SE]

Statements

Effect of Clean Air and Fuel Economy Standards on Automobile Sizes: Ford Motor Co., S1233 [29JA]

U.S. Investments in Japan: Hideo Ishihara, H811 [30JA]

Studies

How Tax Policy Compounded the S&L Crisis: Institute for Policy Innovation, S3265 [13MR], S3461 [14MR]

Tax Fairness—Myths and Reality: National Center for Policy Analysis, S3264 [13MR], S3460 [14MR]

Summaries

Capital Gains Tax (H.R. 3875), H10851 [22NO]

Corporate Pay Responsibility Act (H.R. 2522), E2032 [5JN]

Corporate Pay Responsibility Act (S. 1198), S6999 [4JN]

Foreign Income Tax Reform Act (H.R. 2948), E2637 [22JY]

Investment Competitiveness Act (S. 1748), S13586 [24SE]

Only 1 Class of Stock Requirement for Subchapter S Corporation (S. 722), S3942 [21MR]

Reinstate the Windfall Profit Tax on Domestic Crude Oil (H.R. 460), E257 [23JA]

Tables

Corporate tax incidence, E2799 [1AU]

Distributional effect of the administration's capital gains proposal, H8363 [23OC]

Estimated revenue effects of certain provisions of Economic Growth Act (H.R. 3130), H8363 [23OC]

Texts of

H. Res. 292, amortization of goodwill and certain other intangibles for taxpayers, H11317 [26NO]

H.R. 101, excess profits tax on petroleum producers, E60 [3JA]

H.R. 1860, clarify treatment of amounts received by cooperative companies indirectly from their members, E1309 [18AP]

H.R. 2522, Corporate Pay Responsibility Act, E2032 [5JN]

H.R. 2632, deny Puerto Rico and possession tax credit benefits relative to runaway plants, E2176 [13JN]

H.R. 3365, Federal Debt Management Responsibility Act, H6680 [19SE], H11029 [23NO]

H.R. 3788, tax treatment of personal service corporations relative to periodic compensation payable to owner-employees, E3871 [15NO]

S. 340, Excess Oil Profits Tax Act, S1508 [5FE]

S. 449, Northern Ireland Fair Employment Practices Act, S2027 [20FE]

S. 467, Small and High-Risk Business Investment Act, S2185 [21FE]

S. 530, repeal of gross income limitation on regulated investment companies, S2521 [28FE]

S. 656, Economic Growth and Venture Capital Act, S3287-S3289 [13MR]

S. 697, tax treatment of capital gains for small and high-risk business stock, S3715-S3717 [20MR]

S. 698, capital gains tax treatment, S3718 [20MR]

S. 722, require that a subchapter S corporation have only 1 class of stock, S3942 [21MR]

S. 1198, Corporate Pay Responsibility Act, S6999 [4JN]

S. 1393, taxation of acquisition of partnerships without dissenters' rights, S8752 [26JN]

S. 1711, Glass Ceiling Act, S13057-S13059 [16SE]

S. 1748, Investment Competitiveness Act, S13584-S13586 [24SE]

S. 1775, Domestic Corporation Taxation Equality Act, S13980 [30SE]

S. 1900, Tithe Tax Act, S15700 [31OC]