The Corporation Tax Law is a federal bill aimed at regulating and governing the taxation of corporations in the United States. It outlines provisions related to how corporations are taxed, including rates, deductions, credits, and compliance requirements. The bill may propose changes in corporate tax rates, incentives for investment or job creation, deductions for certain expenses, and measures to prevent tax evasion or abuse. Its impact can influence corporate behavior, government revenue, economic growth, and overall competitiveness.
2023-02-17: Read first time. To print.
2023-02-18: From printer. May be heard in committee March 20.
2024-02-01: Died at Desk.
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