Skip to main content
HR 389 104th Congress House Taxation American investments Corporation taxes Foreign Trade and International Finance Foreign corporations Income tax Location of industries Manufacturing industries Plant shutdowns Stockholders Subsidiary corporations Tax exclusion Tax havens Taxation of foreign income

Foreign Subsidiary Tax Equity Act

Introduced: January 4, 1995 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 1995
Referred to the House Committee on Ways and Means.
Jan 4, 1995
Sponsor introductory remarks on measure. (CR E23)
Jan 4, 1995
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

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 January 4, 1995

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1
I
Sanders, Bernard
Vermont · Mar 21, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 389: Foreign Subsidiary Tax Equity Act. 104th Congress. Open America. https://openamerica.io/bill/104-HR-389/
MLA
"H.R. 389: Foreign Subsidiary Tax Equity Act." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-389/.
Bluebook (legal)
H.R. 389, 104th Cong. (2026), https://openamerica.io/bill/104-HR-389/.
Markdown link
[H.R. 389: Foreign Subsidiary Tax Equity Act](https://openamerica.io/bill/104-HR-389/)
Report a problem