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H.R. 2985

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to clarify that payment of taxes on deferred foreign income in installments shall not prevent credit or refund of overpayments or increase estimated taxes.
About This Bill
Committee
Latest Action · May 23, 2019
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
May 23, 2019
Cosponsors (64)
30D 34R
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Summary

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This bill amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.

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