H.R. 5396 · 108th Congress
Financial Transactions Equity Act of 2004
- Stage
- In committee
- Sponsor
- Aníbal Acevedo-Vilá
- Introduced
- 2004-11-19
- Latest action
- 2004-11-19 · Introduced in House
Summary
Financial Transactions Equity Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction for a certain percentage of the dividends received by a U.S. domestic corporation from a corporation organized under the laws of the Commonwealth of Puerto Rico.