Skip to main content
HR 1086 113th Congress House Taxation Foreign and international corporations Income tax credits Taxation of foreign income

Offshoring Prevention Act

Introduced: March 12, 2013 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2013
Referred to the House Committee on Ways and Means.
Mar 12, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Offshoring Prevention Act - Amends the Internal Revenue Code to include in foreign base company income, for purposes of determining the foreign trade income of controlled foreign corporations, imported property income. Defines "imported property income" as, with certain exceptions, income attributable to property manufactured outside of the United States and imported for sale into the United States. Provides for a separate application of limitations on the foreign tax credit for imported property income.

What's happening now March 12, 2013

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1