tax attribute,bankruptcy code, Chapter 7, Capital Tax

Blacks Face Bias in Bankruptcy, Study Suggests

By TARA SIEGEL BERNARD

A new survey found that lawyers were more likely to steer whites to Chapter 7 of the bankruptcy code and blacks to the more expensive Chapter 13.

Kodak Adopts Shareholder Rights Plan The struggling photography company made the move to protect some $2.9 billion in "tax attributes." DEALBOOK »


 UPDATE2: 台湾与党がキャピタルゲイン課税案を発表、意見対立理由に財政部長は辞任
ロイター
［台北 ２９日 ロイター］ 台湾与党の国民党は２８日遅く、独自のキャピタルゲイン課税案を発表した。各界から反発の声が上がっていた行政院（内閣）による案に比べ、株式投資家に有利な内容となっている。 これを受け、台湾株式市場の加権指数.TWIIは上昇した。

 《天下》雜誌報導指出，為什麼一定要辭？劉憶如表示，「根據國民黨整合之後的立院版本，和原來基於公平正義、量能課稅的理念差異甚大，所以辭職，」她接著說，「我在乎的，是『有所得的人』應該繳稅；國民黨版讓在股票市場大量獲利的人，仍然不用繳『所得稅』。」

Oxford Dictionary of Economics:

Capital Tax

A tax on individuals or companies based on the value of their capital. An alternative name for this is a capital levy. Such a tax requires capital to be valued, and would be difficult to collect if it could not be paid out of income received from the capital over some short period. Most countries have thus chosen to tax either income from capital, or realized capital gains, or capital transfers, rather than capital itself.

tax attribute
A type of loss or tax credit that must be reduced as a result of the exclusion of debt cancellation from a taxpayer's gross income. Tax attributes are adjusted when a taxpayer declares bankruptcy.

Tax attributes include net operating losses and carryovers, general business credit carryovers, alternative minimum tax credit carryovers, capital loss and foreign tax credit carryovers.
Investopedia Says:
Taxpayers who are forgiven debts as a result of bankruptcy do not have to include the forgiven debt as income, but certain tax attributes must be reduced by an amount proportionate to the amount of debt that has been forgiven.

For example, if $5,000 in debt was forgiven, then the taxpayer could elect to have the basis of his/her rental property reduced by $5,000 and defer the tax until the property is sold. If the property is sold for a gain, then $5,000 of that gain will be taxed as ordinary income.

attribute[at・trib・ute]

• レベル：大学入試程度

[動] 〔tríbjut〕 (他)［attribute A to B］

1 〈A（物・事）がBに〉起因すると考える, 〈AをBの〉結果［おかげ］であると考える

attribute the warmth to the Gulf Stream
その暖かさはメキシコ湾流のためだと考える

She attributed her failure to her procrastination.
自分の失敗を決断力のなさのせいにした.

2 〈A（性質・性格など）がB（人・生物など）に〉属すると考える, 〈AをBが〉もつと考える

attribute courage to the lion
ライオンには勇気があると考える.

3 〈A（作品）をB（人・時代など）の〉作［もの］だと考える

attribute an unsigned painting to Raphael
無署名の絵をラファエルの作とする.

━━[名] 〔ǽtrbjùt〕

1 特質, 特性, 属性（⇒QUALITY[類語]）；《論理学》属性

He had many attributes of a good teacher.
彼はよい教師としての多くの特質を備えていた.

2 《文法》限定詞（▼the blue skyのblueなど）.

3 （人・地位などの特徴となる）物, 象徴物

The scepter is the attribute of a ruler.
王笏(しゃく)は国王を象徴する.

［ラテン語attributus （at-へ＋tribuere割り当てる）. △TRIBUTE, CONTRIBUTE］

at・trib・ut・er

[名]