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- H.R.2254
H.R.2254: Corporate Tax Dodging Prevention Act
About This Bill
- Introduced March 26, 2021
- Latest Major Action March 26, 2021
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - March 26, 2021
Bill Summary
Corporate Tax Dodging Prevention Act This bill modifies tax provisions relating to certain large domestic and foreign corporations to prevent offshoring of jobs and factories and tax evasion. Specifically, the bill restores higher tax rates on the taxable income of corporations and personal service corporations (up to 35% on taxable income exceeding $10 million); revises the definition of subpart F income for controlled foreign corporations...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 26, 2021 |
Referred to the House Committee on Ways and Means.
|
March 26, 2021 |
Introduced in the House by Jan Schakowsky (D-Ill.) |