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S. 1855

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations.
About This Bill
Committee
Latest Action · December 18, 2013
Read twice and referred to the Committee on Finance.
Congress
113th (2013–2015)
Introduced
December 18, 2013
Cosponsors (1)
0D 1R
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Summary

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Amends the Internal Revenue Code to reduce from 10 to 5 years the period during which the built-in gains of an S corporation are subject to tax and to make such reduction permanent.

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