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- H.R.507
H.R.507: To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 14, 2009
- Latest Major Action Jan. 14, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Republicans)
Bill Summary
Amends Internal Revenue Code provisions relating to the tax deduction for dividends received by a U.S. corporation from a controlled foreign corporation to: (1) extend the applicability of such provisions to taxable years beginning after FY2008; and (2) reduce such deduction for corporations that do not maintain certain employment levels.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 14, 2009 |
Introduced in the House by Kevin Brady (R-Texas) |