Joint Committee on Taxation – Summary of Net Investment Income Tax Repeal Proposals

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.