HR 4993 107th Congress House Taxation Business income tax Commerce Corporation taxes Finance and Financial Sector Foreign Trade and International Finance Foreign corporations Income tax International Affairs Location of industries Residence requirements Stockholders Subsidiary corporations Tax evasion Tax rates Tax treaties Withholding tax

No Tax Breaks for Corporations Renouncing America Act of 2002

Introduced: June 21, 2002 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 21, 2002

Referred to the House Committee on Ways and Means.

Jun 21, 2002

Introduced in House

Plain-English summary Congressional Research Service

No Tax Breaks for Corporations Renouncing America Act of 2002 - Amends the Internal Revenue Code to deny a foreign entity any reduced rate of withholding tax on any deductible foreign payment under any income tax treaty between the United States and the entity's country unless the entity is predominantly owned by residents of such country. Excepts specified conduit payments. Specifies what constitutes predominant ownership.

What's happening now June 21, 2002

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1