UNITED STATES. CONGRESS. HOUSE. COMMITTEE ON WAYS AND PENALTY AND INTEREST PROVISIONS IN THE INTERNAL REVENUE CODE COMMITTEE ON WAYS AND MEANS HOUSE OF REPRESENTATIVES ONE HUNDRED SIXTH CONGRESS SECOND SESSION JANUARY 27, 2000 Serial 106-110 Printed for the use of the Committee on Ways and Means For sale by the U.S. Government Printing Office Superintendent of Documents, Congressional Sales Office, Washington, DC 20402 Pursuant to clause 2(e)(4) of Rule XI of the Rules of the House, public hearing records of the Committee on Ways and Means are also published in electronic form. The printed hearing record remains the official version. Because electronic submissions are used to prepare both printed and electronic versions of the hearing record, the process of converting between various electronic formats may introduce unintentional errors or omissions. Such occurrences are inherent in the current publication process and should diminish as the process is further refined. ii American Bar Association, Section of Taxation, Ronald A. Pearlman American Institute of Certified Public Accountants, Mark H. Ely National Association of Enrolled Agents, and JAA Enterprise, L.L.C., Judith American Council of Life Insurers, Mark A. Canter, letter and attachments Ceridian Corporation, Minneapolis, MN, James R. Burkle, statement Coalition for the Fair Taxation of Business Transactions, statement KPMG Interest Netting Coalition, Mark H. Ely; Harry L. Gutman; David L. Veeder, Dallas, TX; and R. David Miller, Tampa, FL, statement PENALTY AND INTEREST PROVISIONS IN THE INTERNAL REVENUE CODE THURSDAY, JANUARY 27, 2000 HOUSE OF REPRESENTATIVES, The Subcommittee met, pursuant to notice, at 10 a.m., in room 1100, Longworth House Office Building, Hon. Amo Houghton (Chairman of the Subcommittee) presiding. [The advisories announcing the hearing follow:] (1) |