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116-hr-5240116th Congress

To amend the Internal Revenue Code of 1986 to make the look-thru rule for related controlled foreign corporations permanent.

Sponsored By: Representative Kind, Ron [D-WI-3]

Unknown

Summary

This bill amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Kind, Ron [D-WI-3]

WI • D

Cosponsors

  • Rep. Holding, George [R-NC-2]

    NC • R

    Sponsored 11/21/2019

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 11/21/2019

  • Rep. Walorski, Jackie [R-IN-2]

    IN • R

    Sponsored 11/21/2019

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 11/21/2019

  • Rep. LaHood, Darin [R-IL-16]

    IL • R

    Sponsored 11/21/2019

  • Rep. Higgins, Brian [D-NY-26]

    NY • D

    Sponsored 11/21/2019

  • Rep. Ferguson, A. Drew, IV [R-GA-3]

    GA • R

    Sponsored 11/21/2019

  • Rep. Larson, John B. [D-CT-1]

    CT • D

    Sponsored 11/21/2019

  • Rep. Estes, Ron [R-KS-4]

    KS • R

    Sponsored 11/21/2019

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 11/21/2019

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 11/21/2019

  • Rep. Smith, Jason [R-MO-8]

    MO • R

    Sponsored 11/21/2019

  • Rep. Schweikert, David [R-AZ-1]

    AZ • R

    Sponsored 11/29/2019

  • Rep. Arrington, Jodey C. [R-TX-19]

    TX • R

    Sponsored 1/7/2020

Roll Call Votes

No roll call votes available for this bill.

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