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Referenced Laws
Section 38(c)(6)(E)
Section 1
1. Modification of order in which corporations take business credits into account Section 38(c)(6)(E) of the Internal Revenue Code of 1986 is amended by adding and at the end of clause (i), by striking clauses (ii) and (iii), and by adding at the end the following new clause: paragraphs (2) and (4) shall not apply. The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act with respect to credits arising in taxable years ending before, on, or after such date. (ii)paragraphs (2) and (4) shall not apply..