HR 2992
113th Congress
House
Taxation
State and local taxation
Business Activity Tax Simplification Act of 2013
Introduced: August 2, 2013
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 26, 2014
Subcommittee Hearings Held.
Sep 13, 2013
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Aug 2, 2013
Referred to the House Committee on the Judiciary.
Aug 2, 2013
Introduced in House
Plain-English summary
Business Activity Tax Simplification Act of 2013 - Expands the federal prohibition against state taxation of interstate commerce to: (1) include taxation of out-of-state transactions involving all forms of property, including intangible personal property and services (currently, only sales of tangible personal property are protected); and (2) prohibit state taxation of an out-of-state entity unless such entity has a physical presence in the taxing state. Sets forth criteria for: (1) determining that a person has a physical presence in a state, and (2) the computation of the tax liability of affiliated businesses operating in a state.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2