3.0.0 326 2023-01-15T21:19:41Z 2023-01-15T21:19:41Z House H HR 2003-01-08 108 hswm00 Ways and Means Committee House Standing Referred to 2003-01-08T15:06:30Z 2003-01-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2003-01-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-01-08 Introduced in House IntroReferral 1000 9 Library of Congress V000127 Rep. Vitter, David [R-LA-1] David Vitter R LA 1 N Taxation Commerce Corporation taxes Dividends Finance and Financial Sector Income tax Stockholders Tax credits Tax deductions Taxation 00 2003-01-08 Introduced in House 2006-11-28T17:35:40Z Provides criteria for calculating a shareholder credit for a dividend. Classifies any shareholder credit determined under this Act as a tax paid by the relevant corporation.

Includes a taxpayer's shareholder credits in gross income.

Permits a corporation to deduct 100 percent of the amount received as dividends from a domestic corporation (presently the Code allows a deduction of 70 percent or 100 percent, depending on the type of dividend). Increases, from 70 to 100 percent, the amount a corporation is allowed to deduct with respect to dividends on certain preferred stock.]]>

Fairness for American Investors Act of 2003 Display Title Fairness for American Investors Act of 2003 Official Title as Introduced To amend the Internal Revenue Code of 1986 to eliminate the double taxation of dividends. Introduced in House IH Short Titles as Introduced Fairness for American Investors Act of 2003 Introduced in House 2003-01-08T05:00:00Z 2003-01-08 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.