HR 365
109th Congress
House
Taxation
Capital
Commerce
Earnings
Income tax
Tax exclusion
Accumulated Earnings Tax Modification Act of 2005
Introduced: January 25, 2005
Introduced by:
Wilson, Joe
Republican
· South Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 2005
Referred to the House Committee on Ways and Means.
Jan 25, 2005
Introduced in House
Plain-English summary
Accumulated Earnings Tax Modification Act of 2005 - Amends the Internal Revenue Code to exclude working capital from inclusion in the calculation of accumulated earnings tax.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1