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- H.R.1661
H.R.1661: Taxpayer and Fairness Protection Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced April 8, 2003
- Latest Major Action April 8, 2003
Bill Sponsor
Bill Cosponsors
23 (All Democrats)
Bill Summary
Taxpayer and Fairness Protection Act of 2003 - Amends the Internal Revenue Code to revise various abusive tax shelter provisions, including: (1) clarification of the economic substance doctrine; and (2) imposition of new, and revision of existing, tax shelter-related penalties.Provides for the prevention of corporate expatriation to avoid U.S. income tax.Revises provisions respecting: (1) the earned income tax credit; (2) specified penalties...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 8, 2003 |
Introduced in the House by Charles B. Rangel (D-N.Y.) |