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House Small Business Committee Panel Announces Estate Tax Hearing

MAY 29, 2012

House Small Business Committee Panel Announces Estate Tax Hearing

DATED MAY 29, 2012
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NOTICE OF HEARING

 

May 31, 2012

 

10:00 A.M. 2360 Rayburn House Office Building

 

 

TO: Members, Subcommittee on Economic Growth, Tax and Capital Access

 

FROM: Joe Walsh, Chairman

 

DATE: Thursday, May 24, 2011

 

 

The Subcommittee on Economic Growth, Tax and Capital Access will meet for a hearing titled Planning for the Death Tax: Can Small Businesses Survive? The hearing is scheduled to begin at 10:00 a.m. on May 31, 2012 in Room 2360 of the Rayburn House Office Building.

The recession has been hard on small businesses, and many family-owned small firms may face yet another hurdle: business succession and the impact of the death tax, also known as the estate tax. If Congress fails to act, the current federal estate tax law will expire on December 31, 2012, and revert to the pre-2001 levels. At this hearing, Members will hear testimony on the impact of the estate tax on small businesses and the economy.

A staff briefing will be held on Tuesday, May 29, 2012 at 2:00 p.m. in Room 2360 of the Rayburn House Office Building.

If you or your staff has questions, please call Jan Oliver with the Committee at x55821.

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