Timber Revitalization and Economic Enhancement Act of 2015
Last action on Oct 8, 2015Read twice and referred to the Committee on Finance.
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Summary
Timber Revitalization and Economic Enhancement Act of 2015
This bill amends the Internal Revenue Code, with respect to the reduced tax rate on the net timber gains of corporations, to: (1) adjust the formula for calculating such rate, and (2) make such reduced rate permanent.
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