H.R. 2985
Referred to CommitteeTo amend the Internal Revenue Code of 1986 to clarify that payment of taxes on deferred foreign income in installments shall not prevent credit or refund of overpayments or increase estimated taxes.
Introduced 5/23/2019•116th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
5/23/2019 • House
Summary
This bill amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.
Introduced in House • 5/23/2019
Enter your district to see how this bill affects your community
Topics & Subjects
Policy Area: Taxation
Income tax creditsInterest, dividends, interest ratesTax administration and collection, taxpayersTaxation of foreign income
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (65)
Party Breakdown
30
Democrats
35
Republicans
0
Independents
Sponsor
R[
Cosponsors (64)
R[
R[
R[
R[
R[
R[
Bill Journey
Originated in the House
Introduced
May 23, 2019
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House5/23/2019