H.R.1935 - To amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services.
view all titles (1)All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services. 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: 115
- Past Seven Days: 136
- All-Time: 4,508
|
|
|
|
|
|
|
|
Committees
Official Summary
4/2/2009--Introduced.Amends the Internal Revenue Code to: (1) to set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services; (2) treat as ordinary income or loss net income or loss from an investment servicOfficial Summary
4/2/2009--Introduced.Amends the Internal Revenue Code to:(1) to set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services;
(2) treat as ordinary income or loss net income or loss from an investment services partnership interest;
(3) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment;
(4) apply the rule treating gain from sales between related persons as ordinary income to certain partnership interests; and
(5) exempt income from investment services partnership interests from treatment as qualifying income of publicly traded partnerships. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by:
(1) advising the partnership about investing in, purchasing, or selling specified assets;
(2) managing, acquiring, or disposing of specified assets; or
(3) arranging financing with respect to acquiring specified assets.
...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 (60)
|
View Top Rated
Montanans Launch Recall of Senators Who Approved NDAA Military ...
The website Ballotpedia.org cites eight other states which allow for the recall of elected federal officials: Arizona, Colorado, Louisiana, Michigan, Nevada, North Dakota, Oregon, and Wisconsin. ... detentions provisions. A number of Facebook pages appea
The Budget Nobody Noticed - Blog - OpenCongress
The biggest problem with the bill, is that like so many bills, it assumes higher taxes and fees will not cause a corresponding change in behavior to hide from the new taxes. Higher taxes will drive GDP down and the increased revenue they expect will never
H.R.1540: National Defense Authorization Act for ... - OpenCongress
The bill authorizes $690 billion in budget authority for the Department of Defense and the national security programs of the Department of Energy. The legislation passed with a 322 to 96 vote; 13 House of ... H.R.1540: To authorize appropriations for fisca
Users tracking H.R.1935 (5) are also tracking:
| Bills | People | Issues |
|---|---|---|

U.S. Congress - H.R.1935 To amend the Internal Revenue Code of 1986 to provide for the treatment of partnership ...



