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- H.R.4860
H.R.4860: Foreign Tax Compliance Act of 1994
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced July 29, 1994
- Latest Major Action July 29, 1994
Bill Sponsor
Bill Cosponsors
31 (All Democrats)
Bill Summary
Foreign Tax Compliance Act of 1994 - Amends the Internal Revenue Code to include in the taxation of controlled foreign corporations income attributable to imported property. Requires the separate application of limitations on the foreign tax credit for imported property income. Expresses the sense of the Congress that deficit reduction should be achieved in part by eliminating enforcement breakdowns that enable foreign-controlled corporations...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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July 29, 1994 |
Introduced in the House by Richard Andrew Gephardt (D-Mo.) |