HR 8746 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the amount of earnings and profits which a corporation may accumulate without being subject to the accumulated earnings tax.

Introduced 1975-07-18· Sponsored by Rep. Duncan, John J. [R-TN-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-07-18)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the accumulated earnings credit for accumulated taxable corporate income from $100,000 to $500,000 under the Internal Revenue Code.…

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