Explore A Report On 5-Year Amortization Of Emergency Defense Facilities Under Section 168 Of The Internal Revenue Code Of 1954: December, 1956 (Classic Reprint) Sketched By U.S. Congress Presented In Paper Edition

from A Report onYear Amortization of Emergency Defense Facilities Under Sectionof the Internal Revenue Code of: December,

At the request of the chairman, the staff of the Joint Committee on Internal Revenue Taxation has prepared the following report dealing with facts and issues pertinent to any decision as to whether or not section, and the related section, should be continued in the law as is, or with amendments.
The report attempts to set out alternative policies which the committee may wish to consider, and to analyze part of the experience under the program as it bears upon these choices.


In the preparation Of this report the staff has received technical assistance and information from the Office Of Defense Mobilization, the tax analysis staff of the Treasury Department, the Business De fense Advisory Services of the Department of Commerce, the Defense Power Supply Coordinator of the Department of the Interior, the Federal Power Commission, and the staff Of the Joint Committee on Defense Production.
The staff has also used a report onyear amortization issued by the Joint Committee on the Economic Report and the record of hearings held by the

House Government Operations Committee and the Senate Committee on Interstate and Foreign Commerce.


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The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the Senate and the House of Representatives.
The Congress meets in the Capitol in Washington, D, C. Both senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a gubernatorial appointment, Members are usually affiliated to the Republican Party or to the Democratic Party, and only rarely to a third party or as independents.
Congress hasvoting members:Representatives andSenators, The members of the House of Representatives serve two year terms representing the people of a single constituency, known as a district, Congressional districts are app The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the Senate and the House of Representatives.
The Congress meets in the Capitol in Washington, D, C. Both senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a gubernatorial appointment, Members are usually affiliated to the Republican Party or to the Democratic Party, and only rarely to a third party or as independents.
Congress hasvoting members:Representatives andSenators, The members of the House of Representatives serve two year terms representing the people of a single constituency, known as a "district", Congressional districts are apportioned to states by population using the United States Census results, provided that each state has at least one congressional representative.
Each state, regardless of population or size, has two senators, Currently, there aresenators representing thestates, Each senator is elected at large in his or her state for a six year term, with terms staggered, so every two years approximately one third of the Senate is up for election.
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