Stop Corporate Inversions Act of 2026
Sponsored By: Representative Doggett, Lloyd [D-TX-37]
Introduced
Summary
Treats many foreign parent companies as U.S. for tax purposes to block corporate inversions. The bill raises the ownership threshold and sets new tests for ownership, management, and U.S. business activity after certain acquisitions.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Tighter rules on corporate inversions
If enacted, this bill would tighten tax rules against corporate inversions. It would treat a foreign firm as a U.S. company for deals completed after May 8, 2014. That applies when the foreign firm acquires substantially all the properties or business assets of a U.S. corporation or partnership. After the deal, the rule would apply if former U.S. owners hold more than 50% of stock, or if the expanded group is run mainly in the U.S. and has "significant domestic business activities." "Significant domestic business activities" would mean at least 25% of employees, employee pay, assets, or income are U.S.-based using the January 18, 2017 tests. The bill would also use an 80% surrogate-ownership test instead of 60% and narrow one older clause to apply only to deals from March 5, 2003 through May 7, 2014. The Treasury Secretary would be able to issue regulations to set or change these thresholds. These changes would apply to taxable years ending after May 8, 2014.
Sponsors & CoSponsors
Sponsor
Doggett, Lloyd [D-TX-37]
TX • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov