HR 6707 · 93th Congress · Taxation

A bill to amend section 451 of the Internal Revenue Code of 1954 to provide for a special rule for the inclusion in income of magazine sales for display purposes.

Introduced 1973-04-09· Sponsored by Rep. Corman, James C. [D-CA-22]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-04-09)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code of 1954, for the inclusion in income of magazine sales for display purposes for the taxable year in which the taxpayer finally accounts for the returns of such magazines or periodicals pursuant to specified criteria. (Amends 26 U.S.C. 451)…

Summarized by Claude AI · Non-partisan · For informational purposes only