House bill HR3210-118

Ways and Means Committee

Book Minimum Tax Repeal Act

• Last activity on May 11, 2023

• Introduced May 11, 2023

• By Rep. Arrington, Jodey C. [R-TX-19]

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Book Minimum Tax Repeal Act

This bill repeals the 15% alternative tax on the financial statement (i.e., book) income of certain corporations. The tax applies to companies that report over $1 billion in profits to their shareholders.

House floor actions Actions

IntroReferral
May. 11 2023	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
May. 11 2023	Introduced in House Introduced in House

House bill HR3210-118

Book Minimum Tax Repeal Act

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