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What is Tax Increase Prevention and Reconciliation Act mean?
The Tax Increase Prevention and Reconciliation Act of 2005 (or TIPRA, Pub.L. 109–222 (text) (pdf), 120 Stat. 345) is an American law, which was enacted on May 17, 2006.
This bill prevents several tax provisions from sunsetting in the near future. The two most notable pieces of the bill are the extension of the reduced tax rates on capital gains and dividends and extension of the alternative minimum tax (AMT) tax reduction.
reference| Full Form | Category |
|---|---|
| Tax Increase Prevention and Reconciliation Act | Business |
| Tool for Influenza Pandemic Risk Assessment | Medical |
| The Indigenous Progressive Regional Alliance | Regional |
| Tipraha Indigenous Progressive Regional Alliance | Regional |
Posted on 11 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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