A bill to revise tax law relating to publisher inventories.

Summary

Amends the Internal Revenue Code to allow a taxpayer engaged in the trade or business of publishing books or other published material to value excess inventory at its net realizable value. Defines "excess inventory" as that part of inventory of books or other published material which the taxpayer reasonably expects will be disposed of at less than full realization of cost.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 2 February 1984

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 2 February 1984

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 February 1984

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 2 February 1984

  Open at official source

Sponsors

• Rep. Jenkins, Edgar L. [D-GA-9] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to revise tax law relating to publisher inventories.