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United States · Bill · HR

H.R. 629 (114th)

Permanent S Corporation Built-in Gain Recognition Period Act of 2015

openUnited States· United States Congress· EN

Introduced

30 January 2015

Last action

Status

Placed on the Union Calendar, Calendar No. 9.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Amends the Internal Revenue Code to reduce from 10 to 5 years the period during which the built-in gains of an S corporation are subject to tax and to make such reduction permanent.

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Documents

6 official files

Reported in House (text)

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