U.S. Congress - S.374 Art and Collectibles Capital Gains Tax Treatment Parity Act
S.374 - Art and Collectibles Capital Gains Tax Treatment Parity Act
A bill to amend the Internal Revenue Code of 1986 to provide the same capital gains treatment for art and collectibles as for other investment property and to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor. view all titles (2)
All Bill Titles
- Short: Art and Collectibles Capital Gains Tax Treatment Parity Act as introduced.
- Official: A bill to amend the Internal Revenue Code of 1986 to provide the same capital gains treatment for art and collectibles as for other investment property and to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 5
- Past Seven Days: 29
- All-Time: 2,216
|
|
|
|
|
|
|
|
Committees
Official Summary
1/24/2007--Introduced.Art and Collectibles Capital Gains Tax Treatment Parity Act - Amends the Internal Revenue Code to: (1) eliminate the 28-percent capital gains tax rate for collectibles, thus allowing gain from the sale of collectibles (including art works) to be taxed at the 15-percenOfficial Summary
1/24/2007--Introduced.Art and Collectibles Capital Gains Tax Treatment Parity Act - Amends the Internal Revenue Code to:
(1) eliminate the 28-percent capital gains tax rate for collectibles, thus allowing gain from the sale of collectibles (including art works) to be taxed at the 15-percent tax rate applicable to other investment property;
(2) allow the creator of a literary, musical, artistic, or scholarly property a fair market value tax deduction for the donation of such property to a tax-exempt organization, if properly appraised and donated no sooner than 18 months after its creation.
...Read the Rest
Recent News Coverage
Hmmmm, no news coverage found for this bill at this time. This means that this this bill has not yet been mentioned on a publicly-searchable news website by either its official number (for example, "H.R. 3200") or title (for example, "America's Affordable Health Choices Act of 2009"). As soon as that changes, our daily automated search across the Web will catch it and include it here. If this bill is of interest to you, you can write a letter to the editor referring to this bill by name, and if your letter is published on the Web, a link back your letter will appear here within about one day. Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build public knowledge about Congress.
Recent Blog Coverage
View All (16)
|
View Top Rated
S.374: Medicare Mental Health Inpatient Equity Act - U.S. Congress ...
S.374 - Medicare Mental Health Inpatient Equity Act. A bill to amend title XVIII of the Social Security Act to eliminate the 190-day lifetime limit on inpatient psychiatric hospital services under the Medicare program. view all titles (2) .... OpenCongress
7 - Das Forschungsprojekt G.O. Mueller zieht eine Zwischenbilanz ...
Zu den 19 Unterzeichnern gehörten neben Nobelpreisträger Lenard mehrere Professoren und Wissenschaftler; vgl. das Referat über den Handzettel in unserer Dokumentation, S. 374 - 375; ferner über die Machtergreifung in Leipzig insgesamt, ...
Jetzt bin ich aber PAF! â WEISSGARNIX
Das haben die kommunistischen Systeme einige Generationen lang versucht und sind daran gescheitert â ein Scheitern, dessen tiefere Lehren von vielen Anarchisten bis heute nicht verstanden worden sind.â (S. 374) ...
Vote on This Bill
-
Share This Bill
More Share via Email
