Tax reform act of 1986 (P.L. 99-514)

The Tax Reform Act of 1986 (P.L. 99-514) was signed into law on October 22, 1986. This report provides a brief chronology of the Act, a summary of the major changes in individual and business taxation, and a side-by-side comparison of the major individual and business tax provisions of the Act as they compare to prior law. The report also includes an extensive listing of CRS products that treat many issues relating to the Tax Reform Act of 1986 in greater detail.,Chronology of the Tax Reform Act -- Major Changes in Individual Taxation -- Major Changes in Business Taxation -- Table 1: Provisions Affecting Individuals -- Table 2: Provisions Affecting Business -- Reports and Congressional Document -- Additional Reference Sources.,Stacey M. Kean, Analyst in Government Finance and David L. Brumbaugh, Analyst in Public Finance, Economics Division,CRS 87-231 E,"April 15, 1987.",SuDoc# 14. 18/3