To amend the Internal Revenue Code of 1986 to deny a deduction for image advertising expenses for any trade or business the gross receipts of which exceed $100 million.
About This Bill
Committee
Latest Action · January 26, 2010
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to deny business taxpayers whose gross receipts exceeded $100 million in the preceding taxable year a tax deduction for expenses incurred for advertising anything other than a service or product.
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