Please upgrade your Flash Player
Latest Update: Saturday, July, 05th 2008
To amend the Internal Revenue Code of 1986 to allow a deduction for qualified timber gains.
1/30/2007--Introduced. Timber Tax Act of 2007 - Amends the Internal Revenue Code to allow a tax deduction (available to taxpayers whether or not they itemize deductions) for up to 60% of gains from certain sales or exchanges of timber.
Latest Actions
- 01/30/2007 - Referred to the House Committee on Ways and Means.
|
Comment on Bill - Be the first to leave a comment!