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H.R. 1294: Employee Profit-Sharing Encouragement Act of 2019

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Feb 14, 2019.


Employee Profit-Sharing Encouragement Act of 2019

This bill denies certain employers a tax deduction for the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.