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- H.R.2847
H.R.2847: To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
About This Bill
- Introduced April 26, 2021
- Latest Major Action April 26, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 2 Republicans)
Bill Version
- Introduced in House - April 26, 2021
Bill Summary
This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 26, 2021 |
Referred to the House Committee on Ways and Means.
|
| April 26, 2021 |
Introduced in the House by Gwen Moore (D-Wis.) |