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HR 5443 113th Congress House

Putting America First Corporate Tax Act

Official title: To amend the Internal Revenue Code of 1986 to end tax deferrals on profits accumulated offshore and to terminate the deferral of active income of controlled foreign corporations.

Introduced: September 10, 2014 Introduced by: Pocan, Mark Democratic · Wisconsin See on congress.gov
Taxation Accounting and auditingCorporate finance and managementForeign and international corporationsSecurities
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Tax administration and collection, taxpayersTaxation of foreign income
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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
Sep 10, 2014
Referred to the House Committee on Ways and Means.
Sep 10, 2014
Introduced in House
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 Latest action September 10, 2014

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Putting America First Corporate Tax Act - Amends the Internal Revenue Code to include in subpart F income (income of a controlled foreign corporation earned outside the United States that is not tax deferred): (1) a shareholder's pro rata share of the average of certain U.S. and foreign property held by a controlled foreign corporation as of the close of each quarter of a taxable year, and (2) the income of a controlled foreign corporation derived from any foreign country.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5443: Putting America First Corporate Tax Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5443/
MLA
"H.R. 5443: Putting America First Corporate Tax Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5443/.
Bluebook (legal)
H.R. 5443, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5443/.
Markdown link
[H.R. 5443: Putting America First Corporate Tax Act](https://openamerica.io/bill/113-HR-5443/)
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