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United States · Bill · HR

H.R. 1761 (101st)

To amend the Internal Revenue Code of 1986 to simplify the application of the minimum tax in the case of corporations.

openUnited States· United States Congress· EN

Introduced

11 April 1989

Last action

Status

Subcommittee Hearings Held.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends Internal Revenue Code provisions governing the alternative minimum tax on corporations for taxable years beginning after 1989 to: (1) repeal the tax preference for adjusted current earnings; and (2) treat items currently included in the adjusted current earnings preference as individual preference items, prescribing treatment for each of them.

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Documents

2 official files

Introduced in House (text)

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Sources

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