HR 2985
116th Congress
House
Taxation
Income tax credits
Interest, dividends, interest rates
Tax administration and collection, taxpayers
Taxation of foreign income
To amend the Internal Revenue Code of 1986 to clarify that payment of taxes on deferred foreign income in installments shall not prevent credit or refund of overpayments or increase estimated taxes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 23, 2019
Referred to the House Committee on Ways and Means.
May 23, 2019
Introduced in House
Plain-English summary
This bill amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1