S. 933 · 108th Congress
A bill to amend the Internal Revenue Code of 1986 to modify the active business definition under section 355.
- Stage
- In committee
- Sponsor
- John Breaux
- Introduced
- 2003-04-29
- Latest action
- 2003-04-29 · Introduced in Senate
Summary
Amends the Internal Revenue Code, concerning the active business definition relating to distributions of stock and securities of a controlled corporation, to treat all corporations that are members of the same affiliated group as a single corporation.