Tax Gap: Proposals in the 110th Congress to Require Brokers to Report Basis on Publicly Traded Securities

Bickley, James M.

Library of Congress. Congressional Research Service.

关键词: Taxation;    Securities;    Finance;    Brokers;   

RP-ID  :  RL34216
RP-ID  :  RL34216_2008Oct08

美国|英语

来源: UNT Digital Library

【 摘 要 】

Recent and projected large deficits and the need for revenue to offset spending or tax reduction proposals generated congressional and executive branch interest in different proposals to reduce the tax gap; and consequently, raise additional revenue. Proposals in the 110th Congress to require brokers to report adjusted basis on publicly traded securities sold by individuals are examined in this report.