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United States · Bill · HR

H.R. 1643 (93rd)

A bill to amend the Internal Revenue Code of 1954, as amended, to help small businesses by providing a corporate tax exemption on the first $100,000 of taxable income.

referredUnited States· United States Congress· EN

Introduced

9 January 1973

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Increases, from $25,000 to $100,000 the exemption from corporate income tax for small businesses under the Internal Revenue Code. (Amends 26 U.S.C. 11)

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Documents

1 official file

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