S.2258 - Songwriters Tax Simplification Reauthorization Act

A bill to amend the Internal Revenue Code of 1986 to make permanent the rule providing 5-year amortization of expenses incurred in creating or acquiring music or music copyrights. view all titles (2)

All Bill Titles

  • Short: Songwriters Tax Simplification Reauthorization Act as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to make permanent the rule providing 5-year amortization of expenses incurred in creating or acquiring music or music copyrights. as introduced.

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Introduced
 
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House
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03/29/12
 
 
 
 
 
 
 

Sponsor

Senator

Olympia Snowe

R-ME

View Co-Sponsors (6)

Official Summary

Songwriters Tax Simplification Reauthorization Act - Amends the Internal Revenue Code, with respect to the tax deduction for depreciation, to make permanent the taxpayer election to amortize over a five-year period expenses incurred in creating or acquiring a musical composition or any copy

Official Summary

Songwriters Tax Simplification Reauthorization Act - Amends the Internal Revenue Code, with respect to the tax deduction for depreciation, to make permanent the taxpayer election to amortize over a five-year period expenses incurred in creating or acquiring a musical composition or any copyright with respect to such composition.

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