HR 5145
115th Congress
House
Taxation
Corporate finance and management
Foreign and international corporations
Income tax deductions
Taxation of foreign income
U.S. and foreign investments
Close Tax Loopholes That Outsource American Jobs Act
Introduced: March 1, 2018
Introduced by:
DeLauro, Rosa L.
Democratic
· Connecticut
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2018
Referred to the House Committee on Ways and Means.
Mar 1, 2018
Sponsor introductory remarks on measure. (CR H1732-1733)
Mar 1, 2018
Introduced in House
Plain-English summary
Close Tax Loopholes That Outsource American Jobs Act
This bill amends the Internal Revenue Code to repeal the tax deduction for a portion of a domestic corporation's foreign-derived intangible income and global intangible low-taxed income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1