Publisher's Synopsis
Excerpt from General Explanation of Committee Discussion Draft of Revenue Bill of 1961: Released for Information and Study, August 24, 1961
The discussion draft consists Of 10 sections. The first indicates that the bill may be cited as the Revenue Act Of 1961. The remaining nine sections would make substantive amendments to the Internal Revenue Code Of 1954. They together with the Treasury proposal on tax havens, ' can be summarized as follows.
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