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- H.R.3857
H.R.3857: To amend the Internal Revenue Code of 1986 to treat nominally foreign corporations created through inversion transactions as domestic corporations.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 6, 2002
- Latest Major Action March 6, 2002
Bill Sponsor
Bill Cosponsors
5 (1 Democrat, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code by treating as domestic corporations foreign corporations created through inversion transactions. Defines "inverted domestic corporation." Sets forth a lower stock ownership test which will render certain corporations meeting the test inverted domestic corporations.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
|
March 6, 2002 |
Introduced in the House by Scott McInnis (R-Colo.) |