HR 1031
102th Congress
House
Taxation
American investments
Corporation taxes
Foreign Trade and International Finance
Foreign corporations
Income tax
Manufacturing industries
Subsidiary corporations
Tax exclusion
Tax havens
Taxation of foreign income
Foreign Subsidiary Tax Equity Act
Introduced: February 20, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 20, 1991
Referred to the House Committee on Ways and Means.
Feb 20, 1991
Introduced in House
Plain-English summary
Foreign Subsidiary Tax Equity Act - Amends the Internal Revenue Code to include as taxable income of U.S. shareholders in controlled foreign corporations the foreign base company manufacturing related income attributable to manufacturing operations in a tax holiday (tax haven) plant or in a runaway plant.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1