HOUSE 3210118th CongressReferred to the House Committee on Ways and Means.
Book Minimum Tax Repeal Act
- Last Action
- 5/11/2023
Actions
- 2023-05-11Referred to the House Committee on Ways and Means.
- 2023-05-11Introduced in House
- 2023-05-11Introduced in House
CRS Summary
As of 2023-05-11 (00)
Book Minimum Tax Repeal Act
This bill repeals the 15% alternative tax on the financial statement (i.e., book) income of certain corporations. The tax applies to companies that report over $1 billion in profits to their shareholders.
Sourced from Congress.gov (public domain).
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