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- H.R.788
H.R.788: Foreign Earnings Reinvestment Act
About This Bill
- Introduced Feb. 5, 2015
- Latest Major Action Feb. 5, 2015
Bill Sponsor
Bill Summary
Foreign Earnings Reinvestment Act Amends the Internal Revenue Code to: (1) extend the election allowed to a domestic corporation to deduct current and accumulated dividends received from a controlled foreign corporation to the corporation's last taxable year beginning before the enactment of this Act or the first taxable year which begins during the one-year period beginning on such enactment date, (2) reduce tax rates on foreign earnings of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 5, 2015 |
Referred to the House Committee on Ways and Means.
|
| Feb. 5, 2015 |
Introduced in the House by Trent Franks (R-Ariz.) |