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AI Summary: This federal bill aims to amend the corporate net income tax by refining definitions, specifying requirements for tax reports and payments, and outlining rules for consolidated reports. Additionally, it seeks to enhance general provisions related to underpayment of estimated tax. The bill focuses on improving the administration and compliance of corporate income taxes while addressing issues such as reporting accuracy and timely payment of taxes.
Latest Action: Referred to FINANCE
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2023-06-27 : Referred to FINANCE
Democrat Republican