H.R.3434: Stop Corporate Inversions Act of 2017

About This Bill

Bill Version

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.)

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