HR 14172 · 95th Congress · Taxation
A bill to amend section 1341 (b) (2) of the Internal Revenue Code of 1954 to clarify the computation of tax where taxpayer restores substantial amount held under claim of right.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1978-09-26)
Plain Language Summary
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Amends the Internal Revenue Code to provide that refunds or repayments with respect to regulated oil prices shall be subject to the rules for computing the tax where a taxpayer restores a substantial amount held under claim of right.…
Summarized by Claude AI · Non-partisan · For informational purposes only