state_legiscan_backfill · DC
D.C. Income and Franchise Tax Conformity and Revision Emergency Amendment Act of 2025
November 3, 2025
Summary
If enacted, this bill would amend the District of Columbia's income and franchise tax laws to achieve conformity with changes in federal tax law. The legislation primarily impacts how banks, fintechs, and other corporate lenders calculate their franchise tax liabilities in alignment with updated Internal Revenue Code provisions.
AI-generated summary · May 20, 2026. Verify with your compliance counsel before acting.
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Source: https://lims.dccouncil.gov/Legislation/B26-0457
Common questions
- What does "D.C. Income and Franchise Tax Conformity and Revision Emergency Amendment Act of 2025" cover?
- If enacted, this bill would amend the District of Columbia's income and franchise tax laws to achieve conformity with changes in federal tax law. The…
- When was it published?
- It was published on November 3, 2025.