Posts Tagged ‘Joint Committee’

Joint Committee on Taxation and the exit tax

Just because you’ve been looking for them, here are the Joint Committee’s explanation of the law and the budget estimates for the exit tax passed earlier this year. Joint Committee on Taxation Technical Explanation of the HEART Act of 2008 Joint Committee on Taxation Estimated Budget Effects of H.R. 6081 There’s a pop quiz on [...]

The government's explanation of the new exit tax

The Joint Committee on Taxation’s Technical Explanation of the exit tax is here as a PDF. Actually, the part you’re interested in starts on Page 36, so skip the rest of it. I’ll give you a plain text excerpt shortly, plus the text of new Section 877A (the part of the Internal Revenue Code that [...]