HR 3210 · 118th Congress
Book Minimum Tax Repeal Act
<p> <strong>Book Minimum Tax Repeal Act </strong></p> <p>This bill repeals the 15% alternative tax on the financial statement (i.e., book) income of certain corporations. The tax applies to companies that report over $1 billion in profits to their shareholders.</p>
- Sponsor
- Arrington, Jodey C. (R-TX)
- Introduced
- 2023-05-11
- Policy area
- Taxation
- Latest action
- Referred to the House Committee on Ways and Means.
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