H.R. 3903 · 117th Congress

Tax Fairness Act of 2021

Stage
In committee
Introduced
2021-06-15
Latest action
2021-06-15 · Introduced in House

Summary

Tax Fairness Act of 2021

This bill modifies the tax treatment of partnership interests held in connection with the performance of services. The bill requires certain income from the partnerships to be treated as ordinary income rather than as capital gains.