Sec. 301. Increased refund and credit threshold for Joint Committee on Taxation review of C corporation return
77 words·~1 min read·
/bill/113/hr/5771/eh/section-301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subsections
(a)and
(b)of section 6405 are each amended by inserting ($5,000,000 in the case of a C corporation) after $2,000,000 . The amendment made by this section shall take effect on the date of the enactment of this Act, except that such amendment shall not apply with respect to any refund or credit with respect to a report that has been made before such date under section 6405 of the Internal Revenue Code of 1986.