qThe Taxpayer Relief Act of 1997 (Public Law 105-34) makes sweeping code changes affecting individuals, families, and investors as well as small and large businesses. Key provisions provide for capital gains reductions; child tax credits; educational incentives; savings and investment incentives; alternative minimum tax reform; and estate, gift, and generation-skipping tax reform.q - [page 3].The extension of the carryforward period from 15 years to 20 years is unlikely to provide significant benefit to taxpayers. ... The research tax credit has been retroactively extended, for the period from June 1, 1997 through June 30, 1998. whichanbsp;...
|Title||:||1997 tax legislation|
|Publisher||:||CCH Incorporated - 1997-08|