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inflations Impact on Tax Deductibility of Service Awards: A Case Study

 Digital item
Identifier: CAC_CC_109_4_51_12_0021
inflations Impact on Tax Deductibility of Service Awards: A Case Study
inflations Impact on Tax Deductibility of Service Awards: A Case Study

Dates

  • 97th (1981-1983)
  • 13-Apr-81

Scope and Contents

The letter is addressed to Congressman Willie D. Gradison and discusses the issue of inflation and its impact on the tax system. The writer highlights a situation involving a client in Chattanooga, the Krystal Company, who has been facing increased costs for service pins and brooches for their employees due to inflation. The writer mentions that the current tax law imposes a limit on the deductibility of service awards, which has not been adjusted for inflation in almost 20 years. The writer urges Congressman Gradison to address this issue and correct the inequities in the tax system caused by fixed dollar limitations.

Extent

2 pages

Policy Area

Inflation (Finance)

Creator Jones, James Robert, 1939-

Congress 97th (1981-1983)

Tribal Affiliation Non-Specified
  • TypeDeliverableUnit

Repository Details

Part of the Carl Albert Center Congressional and Political Collections Repository

Contact:
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