US HB64 | 2011-2012 | 112th Congress
Status
January 5 2011 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to prohibit a reduction under any treaty of the United States of tax withholding for a tax deductible payment made between persons who are members of the same foreign controlled group of entities unless there would be a similar reduction for payments made directly to the foreign parent corporation of such entities.
Title
To amend the Internal Revenue Code of 1986 to prevent corporations from exploiting tax treaties to evade taxation of United States income.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-05 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB6109 (Related) 2012-07-12 - Referred to the House Committee on Ways and Means.
Subjects
Administrative law and regulatory procedures
Corporate finance and management
Department of the Treasury
Employment taxes
Foreign and international corporations
Income tax deductions
International law and treaties
Taxation
Taxation of foreign income
Corporate finance and management
Department of the Treasury
Employment taxes
Foreign and international corporations
Income tax deductions
International law and treaties
Taxation
Taxation of foreign income
US Congress State Sources
| Type | Source |
|---|---|
| Summary | http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN00064:@@@L&summ2=m& |
| Text | http://gpo.gov/fdsys/pkg/BILLS-112hr64ih/pdf/BILLS-112hr64ih.pdf |
