HR 3735
110th Congress
House
Taxation
Affiliated corporations
Commerce
Foreign Trade and International Finance
Foreign corporations
Holding companies
Income tax
Tax deferral
Taxation of foreign income
To amend the Internal Revenue Code of 1986 to extend the look-through treatment of payments between related controlled foreign corporations.
Introduced: October 2, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 2007
Referred to the House Committee on Ways and Means.
Oct 2, 2007
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to extend through 2013 the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1