Description of the Administration's Payment-in-Kind (Pik) Program, Including Tax Issues Raised by the Program (Classic Reprint) - Softcover

Excerpt from Description of the Administration's Payment-in-Kind (Pik) Program, Including Tax Issues Raised by the Program

The Subcommittee on Select Revenue Measures of the Committee on Ways and Means has scheduled a public hearing on November 3, 1983, on the Administrations payment-in-kind (Pik) program. The hearing will examine the effects of the 1983 Pik program and whether the special tax provisions enacted for participants in that program should be extended for participants in such programs for the 1984 crop year.

The first part of this document is a summary of the Pik programs and the special tax provisions enacted for the 1983 program. The second part is a description of the 1984 Pik program, announced by the Administration on August 9, 1983.The third part is a description of the 1983 Pik program. The fourth part provides data on participation in the 1983 program, and the fifth part is a description of the special tax provisions enacted for the 1983 Pik program.

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