HR 5514 · 115th Congress · Taxation
Tax Fairness Act of 2018
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2018-04-13)
Plain Language Summary
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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