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- H.R.4047
H.R.4047: International Tax Simplification and Fairness for American Competitiveness Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced March 20, 2002
- Latest Major Action March 21, 2002
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Summary
International Tax Simplification and Fairness for American Competitiveness Act of 2002 - Revises Internal Revenue Code rules relating to the taxation of U.S. businesses operating abroad.Revises provisions concerning treatment of controlled foreign corporations, including: (1) expanding the de minimis rule; (2) excluding from the definition of "foreign base company oil related income" the pipeline transportation of oil or gas within such...
(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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Sponsor introductory remarks on measure.
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| March 20, 2002 |
Introduced in the House by Amory Houghton (R-N.Y.) |