state_legiscan_backfill · DC
Pass-Through Entities Income Tax and Tax Credit on Certain S Corporations and Partnerships Amendment Act of 2025
July 11, 2025
Summary
If enacted, this bill would allow S corporations and partnerships to elect to be taxed at the entity level for income taxes. Additionally, the bill provides for a tax credit for qualifying pass-through entities to adjust their tax liability.
AI-generated summary · May 20, 2026. Verify with your compliance counsel before acting.
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Source: https://lims.dccouncil.gov/Legislation/B26-0324
Common questions
- What does "Pass-Through Entities Income Tax and Tax Credit on Certain S Corporations and Partnerships Amendment Act of 2025" cover?
- If enacted, this bill would allow S corporations and partnerships to elect to be taxed at the entity level for income taxes. Additionally, the bill…
- When was it published?
- It was published on July 11, 2025.