HR 365 109th Congress House

Accumulated Earnings Tax Modification Act of 2005

Official title: To amend the Internal Revenue Code of 1986 to exclude working capital in applying the accumulated earnings tax.

Introduced: January 25, 2005 Introduced by: Wilson, Joe Republican · South Carolina See on congress.gov

Taxation CapitalCommerceEarningsIncome taxTax exclusion

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

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Latest action January 25, 2005

Referred to the House Committee on Ways and Means.

Plain-English summary Congressional Research Service

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.

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Ways and Means Committee
House of Representatives

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APA

U.S. Congress. (2026). H.R. 365: Accumulated Earnings Tax Modification Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-365/

MLA

"H.R. 365: Accumulated Earnings Tax Modification Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-365/.

Bluebook (legal)

H.R. 365, 109th Cong. (2026), https://openamerica.io/bill/109-HR-365/.

Markdown link

[H.R. 365: Accumulated Earnings Tax Modification Act of 2005](https://openamerica.io/bill/109-HR-365/)