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United States · Bill · HR

H.R. 8988 (116th)

Save Jobs During the Pandemic Act of 2020

referredUnited States· United States Congress· EN

Introduced

16 December 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Save Jobs During the Pandemic Act of 2020 This bill eliminates, for taxable years ending in 2020, the base erosion minimum tax rate applicable to certain large corporations that have deductions with respect to amounts paid or accrued to foreign-related parties exceeding 3% of their total deductions.

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Documents

3 official files

Introduced in House (text)

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Sources

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