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- S.586
S.586: Corporate Tax Dodging Prevention Act
About This Bill
- Introduced March 9, 2017
- Latest Major Action March 9, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - March 9, 2017
Bill Summary
Corporate Tax Dodging Prevention Act This bill amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2017; include previously deferred foreign-source income of corporations as taxable income; deny the foreign tax credit to large integrated oil...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 9, 2017 |
Read twice and referred to the Committee on Finance.
|
| March 9, 2017 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |