S. 2905 · 111th Congress
A bill to amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.
- Stage
- In committee
- Sponsor
- Daniel Inouye
- Introduced
- 2009-12-17
- Latest action
- 2009-12-17 · Introduced in Senate
Summary
Amends the Internal Revenue Code to increase from 50 to 80% the percentage of meals and entertainment expenses that may be claimed as a business tax deduction.