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- H.R.5108
H.R.5108: No Tax Breaks for Outsourcing Act
About This Bill
- Introduced Feb. 27, 2018
- Latest Major Action Feb. 27, 2018
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
77 (All Democrats)
Bill Version
- Introduced in House - Feb. 27, 2018
Bill Summary
No Tax Breaks for Outsourcing Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate an exemption for certain returns from tangible investments made overseas, eliminate deductions for a domestic corporation's foreign-derived intangible income and global intangible low-taxed income, repeal a provision that excludes foreign oil and gas extraction...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 27, 2018 |
Referred to the House Committee on Ways and Means.
|
Feb. 27, 2018 |
Introduced in the House by Lloyd Doggett (D-Texas) |