H.R. 1568 · 109th Congress
To amend the Internal Revenue Code of 1986 to permanently reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.
- Stage
- In committee
- Sponsor
- Jim Leach
- Introduced
- 2005-04-12
- Latest action
- 2005-04-12 · Introduced in House
Subjects
Taxation
Tax credits
Tax rates
Estate tax
Gift tax
Inheritance tax
Tax exclusion