HR 5514 · 115th Congress · Taxation

Tax Fairness Act of 2018

Introduced 2018-04-13· Sponsored by Rep. Grothman, Glenn [R-WI-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2018-04-13)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Fairness Act of 2018 This bill amends the Internal Revenue Code to modify the tax treatment of partnership interests held in connection with the performance of services. The bill requires certain income from the partnerships to be treated as ordinary income rather than as capital gains.…

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