H.R.507 - To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009.

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  • Official: To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009. as introduced.

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01/13/09
 
 
 
 
 
 
 

Official Bill Text Comment on about 4 Pages

Official Summary

1/14/2009--Introduced.Amends Internal Revenue Code provisions relating to the tax deduction for dividends received by a U.S. corporation from a controlled foreign corporation to: (1) extend the applicability of such provisions to taxable years beginning after FY2008; and (2) reduce such de
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Official Summary

1/14/2009--Introduced.Amends Internal Revenue Code provisions relating to the tax deduction for dividends received by a U.S. corporation from a controlled foreign corporation to:
(1) extend the applicability of such provisions to taxable years beginning after FY2008; and
(2) reduce such deduction for corporations that do not maintain certain employment levels.

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Recent Blog Coverage

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11/21/10
Rep. Warren Chisum 81st Legislature Regular Session Authored

HR 507, Author: Brown, Fred | Callegari | Swinford | Chisum. Last Action: 03/17/2009 H Reported enrolled: Mar 17 2009 7:45AM. Caption: Honoring Benjamin Nicholas Hughes of College Station for attaining the rank of Eagle Scout. ...

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10/10/10
Testimony of Maxine Walters, VERY informative

The provisions of HR 507 easing the restrictions on distance learning, and including proprietary institutions within the definition of “an institution of higher education” must be rejected. It is time we thought about the students, ...

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09/15/10
H.R. 507 [110th]: Vision Care for Kids Act of 2007 (GovTrack.us)

15 Oct 2007

Source: Active Legislation (Except New Bills) --...
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