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HR 2814 108th Congress House Taxation Accounting Affiliated corporations Commerce Corporation taxes Employee ownership Engineering Finance and Financial Sector Income tax Infrastructure Labor and Employment Partnerships Service industries Stockholders Stocks Subsidiary corporations Tax administration

Qualified Personal Service Corporations Clarification Act of 2003

Introduced: July 22, 2003 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2003
Referred to the House Committee on Ways and Means.
Jul 22, 2003
Introduced in House
 Plain-English summary Congressional Research Service
Qualified Personal Service Corporations Clarification Act of 2003 - Amends the Internal Revenue Code to modify the criteria for determining whether a corporation is a qualified personal service corporation. Includes within the definition of qualified personal service corporation a qualifying corporation substantially all of whose stock is held by certain former employees (thus permitting such corporation to use the cash method of accounting).
What's happening now July 22, 2003

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1