Corporate surtax on hedge fund taxpayers

This section appears in one version only, so there is nothing to compare yet.

(a) In general Section 11 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (e) Hedge fund taxpayers In the case of a corporation which is described in section 5000E(c), the percentage under subsection (b) shall be increased by 5 percentage points.. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2035.