Deadbeat Corporations Tax Accountability Act of 2003 - Amends the Internal Revenue Code to require the Secretary of the Treasury to reduce any overpayment due to a corporation upon receiving notice from the Securities and Exchange Commission that a corporation has not paid the full amount of a fine or penalty either imposed by a court of competent jurisdiction, or agreed to by the corporation, with respect to: (1) the corporation's accounting or reporting practices; or (2) a related misstatement of its financial position.
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