S 940 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to repeal the requirement that officers of organizations or groups sponsoring foreign business related meetings verify certain activities of individuals attending such meetings.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1979-04-10)
Plain Language Summary
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Amends the Internal Revenue Code to repeal the requirement that officers of an organization which sponsored a business convention in a foreign country for which a taxpayer is claiming an income tax deduction with respect to expenses incurred in attending such convention submit a written statement verifying the schedule of business activities conducted at the convention and the attendance of the taxpayer at such activities.…
Summarized by Claude AI · Non-partisan · For informational purposes only