US Congress House Bill 694 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 4)
Status: Introduced on February 14 2013 - 25% progression, died in committee
Action: 2013-02-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Corporate Tax Fairness Act - Amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: (1) eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2013, (2) deny the foreign tax credit to large integrated oil companies that are dual capacity taxpayers, (3) limit the offset of the foreign tax credit to income that is subject to U.S. tax, and (4) treat foreign corporations managed and controlled in the United States as domestic corporations for U.S. tax purposes.

Corporate Tax Fairness Act

Rep. Janice Schakowsky [D-IL]

Rep. Keith Ellison [D-MN]

Rep. Alan Grayson [D-FL]

Rep. Raul Grijalva [D-AZ]

Date	Chamber	Action
2013-02-14	House	Referred to the House Committee on Ways and Means.

SB250 (Related) 2013-02-07 - Read twice and referred to the Committee on Finance.
HB3793 (Related) 2014-01-24 - Referred to the Subcommittee on Military Personnel.
SB1844 (Related) 2013-12-17 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/694/all-info
Text	https://www.congress.gov/113/bills/hr694/BILLS-113hr694ih.pdf