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HR 1303 109th Congress House Taxation Commerce Corporation taxes Finance and Financial Sector Foreign Trade and International Finance Foreign corporations Income tax International Affairs Partnerships Prices Residence requirements Stockholders Subsidiary corporations Tax deductions Tax evasion Tax havens Tax rates Tax treaties Taxation of foreign income Withholding tax

Fairness and Accountability in International Taxation Act of 2005

Introduced: March 15, 2005 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 2005
Referred to the House Committee on Ways and Means.
Mar 15, 2005
Introduced in House
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 Plain-English summary Congressional Research Service
Fairness and Accountability in International Taxation Act of 2005 - Amends the Internal Revenue Code to deny reduced withholding tax treaty benefits to a foreign entity on any deductible foreign payment (deductible payment made by a domestic entity to a related foreign entity) unless such entity is predominantly owned by individuals who are residents of such foreign country. Exempts from such provision: (1) corporations with substantial business activities in a treaty country with specified tax rates; (2) payments received by controlled foreign corporations from U.S. shareholders; and (3) certain conduit payments made by foreign corporations.

Provides a special income and deduction allocation rule for related-party inbound (transfer price reduced by deflected tax haven income) and outbound (transfer price increased by deflected tax haven income) transactions. Defines "related-party inbound transaction," "related-party outbound transaction," and "deflected tax haven."

What's happening now March 15, 2005

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 18
All 18 Democratic 17 Independent 1
D
Larson, John B.
Connecticut · Nov 17, 2005
 D
Baldwin, Tammy
Wisconsin · Mar 15, 2005
 D
Davis, Danny K.
Illinois · Mar 15, 2005
 D
DeGette, Diana
Colorado · Mar 15, 2005
 D
DeLauro, Rosa L.
Connecticut · Mar 15, 2005
 D
Kaptur, Marcy
Ohio · Mar 15, 2005
 D
Markey, Edward J.
Massachusetts · Mar 15, 2005
 D
McGovern, James P.
Massachusetts · Mar 15, 2005
 D
Nadler, Jerrold
New York · Mar 15, 2005
 D
Neal, Richard E.
Massachusetts · Mar 15, 2005
 D
Pallone, Frank
New Jersey · Mar 15, 2005
 D
Sánchez, Linda T.
California · Mar 15, 2005
 I
Sanders, Bernard
Vermont · Mar 15, 2005
 D
Schakowsky, Janice D.
Illinois · Mar 15, 2005
 D
Schiff, Adam B.
California · Mar 15, 2005
 D
Sherman, Brad
California · Mar 15, 2005
 D
Velázquez, Nydia M.
New York · Mar 15, 2005
 D
Waters, Maxine
California · Mar 15, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1303: Fairness and Accountability in International Taxation Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-1303/
MLA
"H.R. 1303: Fairness and Accountability in International Taxation Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-1303/.
Bluebook (legal)
H.R. 1303, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1303/.
Markdown link
[H.R. 1303: Fairness and Accountability in International Taxation Act of 2005](https://openamerica.io/bill/109-HR-1303/)
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