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- H.R.854
H.R.854: Foreign Subsidiary Tax Equity Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Feb. 26, 1997
- Latest Major Action Feb. 26, 1997
- See the two similar bills introduced in other congresses.
Bill Sponsor
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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| Feb. 26, 1997 |
Introduced in the House by James A. Traficant Jr. (D-Ohio) |