Request for Revision of Section 122 of the Internal Revenue Code: A Letter to the Chairman of the Senate Committee on Finance, 1945-01-01 - 1946-12-31

Item — Box: 7, Folder: 8

Identifier: CAC_CC_047_1_7_8_0021

Staff Only

Request for Revision of Section 122 of the Internal Revenue Code: A Letter to the Chairman of the Senate Committee on Finance, 1945-01-01 - 1946-12-31

The letter is addressing issues with paragraph (c) of section 122 of the Internal Revenue Code, which is seen as ineffective and potentially harmful to taxpayers. The writer argues that paragraph (c) should be deleted entirely and highlights the confusion and negative impact it has had on taxpayers, particularly oil and gas producers. The writer also references past legal cases and suggests that corrective legislation is needed.

Dates

1945-01-01 - 1946-12-31

Language of Materials

English

Access Restriction

This series is stored off-site and requires prior notice to access. If you wish to view these materials, please contact the Congressional Archives staff to arrange an appointment.