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- H.R.4958
H.R.4958: To amend the Internal Revenue Code of 1986 to allow a 10-year foreign tax credit carryforward.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced June 18, 2002
- Latest Major Action June 18, 2002
Bill Sponsor
Bill Cosponsors
8 (4 Democrats, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code to allow a ten-year tax credit carryforward for excess foreign taxes paid. (Currently the limit is five years).
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 18, 2002 |
Introduced in the House by Rob Portman (R-Ohio) |