Unstated interest and the tax treatment of property sales

Taylor, Jack (Author)

1984

Library of Congress. Congressional Research Service

The Deficit Reduction Act of 1984 changed the way IRS is to determine the correct interest and principal components in debt instruments that do not provide for a market rate of interest. This paper describes these new rules for "unstated" and "imputed" interest on mortgages and briefly discusses the controversy they have generated.

CRS 84-735 E

"August 30, 1984."

SuDoc# LC 14. 18/3

eng

1984-01-01T00:00:00Z

22 pages

book

text