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- H.R.389
H.R.389: Foreign Subsidiary Tax Equity Act
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 4, 1995
- Latest Major Action Jan. 4, 1995
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Foreign Subsidiary Tax Equity Act - Amends the Internal Revenue Code to include as taxable income of U.S. shareholders in controlled foreign corporations the foreign base company manufacturing related income attributable to manufacturing operations in a tax holiday (tax haven) plant or in a runaway plant.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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Jan. 4, 1995 |
Introduced in the House by James A. Traficant Jr. (D-Ohio) |