HR 1430
114th Congress
House
Taxation
Foreign and international corporations
Income tax deferral
Taxation of foreign income
U.S. and foreign investments
Permanent CFC Look-Through Act of 2015
Introduced: March 18, 2015
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 2015
Placed on the Union Calendar, Calendar No. 235.
Oct 23, 2015
Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-309.
Sep 17, 2015
Ordered to be Reported (Amended) by the Yeas and Nays: 22 - 11.
Sep 17, 2015
Committee Consideration and Mark-up Session Held.
Mar 18, 2015
Referred to the House Committee on Ways and Means.
Mar 18, 2015
Introduced in House
Plain-English summary
Permanent CFC Look-Through Act of 2015
(Sec. 2) This bill amends the Internal Revenue Code to make permanent 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
Placed on the Union Calendar, Calendar No. 235.
Committees of jurisdiction
1