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H.R. 2911

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to modify the active business definition under section 355.
About This Bill
Committee
Latest Action · June 15, 2005
Referred to the House Committee on Ways and Means.
Congress
109th (2005–2007)
Introduced
June 15, 2005
Cosponsors (1)
1D 0R
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Summary

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Amends the Internal Revenue Code to treat all members of a corporation's separate affiliated group as one corporation for purposes of determining whether such corporation and its subsidiaries meet the active business test required for corporations seeking nonrecognition of gain from the distribution of property in a reorganization.

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