HR 5396 · 108th Congress · Taxation

Financial Transactions Equity Act of 2004

Introduced 2004-11-19· Sponsored by Resident Commissioner Acevedo-Vila, Anibal [D-PR-At Large]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-11-19)

Plain Language Summary

[AI summary unavailable — showing source text] Financial Transactions Equity Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction for a certain percentage of the dividends received by a U.S. domestic corporation from a corporation organized under the laws of the Commonwealth of Puerto Rico.…

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