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- H.R.3434
H.R.3434: Stop Corporate Inversions Act of 2017
About This Bill
- Introduced July 26, 2017
- Latest Major Action July 26, 2017
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Version
- Introduced in House - July 26, 2017
Bill Summary
Stop Corporate Inversions Act of 2017 This bill amends the Internal Revenue Code to revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with income tax rates lower than the United States). The bill provides that a foreign corporation that acquires the properties of a U.S. corporation or partnership after May 8, 2014, shall be treated as an...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 26, 2017 |
Referred to the House Committee on Ways and Means.
|
July 26, 2017 |
Introduced in the House by Sander M. Levin (D-Mich.) |