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Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.
Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.
Jan 7
Assembly
Apr 4, 2025
Assembly
Jan 7
Assembly
Apr 4, 2025
Assembly