HR 5347 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow subchapter S corporations to have foreign sales corporations as subsidiaries.

Introduced 1990-07-23· Sponsored by Rep. Schulze, Richard T. [R-PA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-07-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow subchapter S corporations to have foreign sales corporations as subsidiaries.…

Summarized by Claude AI · Non-partisan · For informational purposes only