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and Means.

TAX TREATMENT OF IMPUTED INTEREST ON
DEFERRED PAYMENT SALES OF PROPERTY

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COMMITTEE ON WAYS AND MEANS

HOUSE OF REPRESENTATIVES

NINETY-NINTH CONGRESS

FIRST SESSION

48-362 O

APRIL 24, 1985

Serial 99-7

Printed for the use of the Committee on Ways and Means

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1985

COMMITTEE ON WAYS AND MEANS

DAN ROSTENKOWSKI, Illinois, Chairman

SAM M. GIBBONS, Florida
J.J. PICKLE, Texas

CHARLES B. RANGEL, New York
FORTNEY H. (PETE) STARK, California
JAMES R. JONES, Oklahoma
ANDY JACOBS, JR., Indiana
HAROLD FORD, Tennessee
ED JENKINS, Georgia

RICHARD A. GEPHARDT, Missouri
THOMAS J. DOWNEY, New York
CECIL (CEC) HEFTEL, Hawaii
WYCHE FOWLER, JR., Georgia
FRANK J. GUARINI, New Jersey
MARTY RUSSO, Illinois.
DON J. PEASE, Ohio

ROBERT T. MATSUI, California
BERYL ANTHONY, JR., Arkansas
RONNIE G. FLIPPO, Alabama
BYRON L. DORGAN, North Dakota
BARBARA B. KENNELLY, Connecticut
BRIAN J. DONNELLY, Massachusetts
WILLIAM J. COYNE, Pennsylvania

JOHN J. DUNCAN, Tennessee
BILL ARCHER, Texas

GUY VANDER JAGT, Michigan
PHILIP M. CRANE, Illinois
BILL FRENZEL, Minnesota
RICHARD T. SCHULZE, Pennsylvania
BILL GRADISON, Ohio

W. HENSON MOORE, Louisiana
CARROLL A. CAMPBELL, JR., South
Carolina

WILLIAM M. THOMAS, California RAYMOND J. MCGRATH, New York HAL DAUB, Nebraska

JUDD GREGG, New Hampshire

JOSEPH K. DOWLEY, Chief Counsel M. KENNETH BOWLER, Deputy Chief of Staff ROBERT J. LEONARD, Chief Tax Counsel A.L. SINGLETON, Minority Chief of Staff

(II)

85-602782

220 бу

Bx40 180c85

KF27
W3
1985a

CONTENTS

Arthur Andersen & Co., Joseph J. Tapajna...........

........

AuCoin, Hon. Les, a Representative in Congress from the State of Oregon
Building Owners & Managers Association International, Ronald L. Simpson ....
International Council of Shopping Centers, Wallace R. Woodbury
Jones, Craig T., Winston-Salem, NC

Melcher, Hon. John, a U.S. Senator from the State of Montana
National Apartment Association, Robert F. Sherman.

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National Association of Home Builders, David C. Smith.........................................
National Association of Realtors, Clark E. Wallace
National Multi Housing Council, Stephen D. Driesler.
National Realty Committee, J. McDonald Williams...

New York State Mortgage Loan Enforcement & Administration Corp., Vin-
cent J. Sama and Ronald A. Feuertstein..........

Overseas Securities Co., Inc., W. Harold Collum ............

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