HR 4541 · 105th Congress · Taxation

To amend the Internal Revenue Code of 1986 to repeal the limitation on the use of foreign tax credits under the alternative minimum tax.

Introduced 1998-09-10· Sponsored by Rep. Houghton, Amo [R-NY-31]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1998-09-10)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate, for purposes of the alternative minimum tax, the 90 percent limitation on foreign tax credits.…

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