To amend the Internal Revenue Code of 1986 to limit the recognition of gain under section 355(e) of such Code to certain leveraged spin-merger transactions.

Fact Sheet API

Bill Number

HR 4187

Introduced

Nov 1, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Affiliated corporations Capital gains tax Commerce Corporate debt Corporate mergers Corporation taxes Finance and Financial Sector Income tax Taxation

Full Text

View Full Bill Text

Votes

Summary

Amends the Internal Revenue Code to revise rules relating to the recognition of gain from distributions by corporations of stocks or securities in connection with certain leveraged transactions.

Actions

Nov 1, 2005

Referred to the House Committee on Ways and Means.
Nov 1, 2005

Introduced in House

Amendments

Related Bills