H.R.5125: Corporate EXIT Fairness Act

About This Bill

Bill Summary

Corporate EXpatriates and Inverters Tax Fairness Act or the Corporate EXIT Fairness Act This bill amends the Internal Revenue Code to set forth rules governing corporate inversions (i.e., the practice of relocating a domestic corporation's legal domicile to a lower-tax nation while retaining its business activities in the higher-tax country of origin) and corporate expatriations. Specifically, the bill requires payment of tax on the deferred...

(Source: Library of Congress)

Bill Actions

Date Description
April 29, 2016
Referred to the House Committee on Ways and Means.
April 29, 2016

Introduced in the House by Lloyd Doggett (D-Texas)

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