S. 3062 — A bill to deal with imputed interest rates.

Summary

Amends the Internal Revenue Code to revise the method of calculating imputed interest rates for certain deferred payments. Sets such rate at 12 percent, compounded semiannually, for total unstated interest. Sets the test rate for stated interest at ten percent, compounded semiannually.

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Legislative Actions

1984-10-04
Introduced in Senate
1984-10-04
Read twice and referred to the Committee on Finance.
1984-10-16
Committee on Finance requested executive comment from OMB, Treasury Department.

A bill to deal with imputed interest rates.

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Summary

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