The Joint Committee on Taxation has released its summary of the proposals to repeal the Net Investment Income Tax under Code Section 1411.  See summaries at following links:

  • JCX-13-17 (March 07, 2017) Description Of An Amendment In The Nature Of A Substitute To The Budget Reconciliation Legislative Recommendation Relating To Repeal Of The Net Investment Income Tax
  • JCX-12-17 (March 07, 2017) Description Of Budget Reconciliation Legislative Recommendation Relating To Repeal Of The Net Investment Income Tax

Source: Joint Committee on Taxation – Publications

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.