To amend the Internal Revenue Code of 1986 to deny qualified dividend income treatment to certain foreign dividends.
Other Bill Titles (1 more) 3/23/2007--Introduced.
Amends the Internal Revenue Code to deny preferential tax rates (5 to 15%) for dividends paid by a foreign corporation if:
(1) such dividends are allowed as a tax deduction or credit under the tax laws of the country in which such foreign corporation... moreSee Full Bill Text
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Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| March 23, 2007 |
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Blog Coverage
June 18, 2007 Stop Congress from Taking our Money
Retired people depend on royalty trusts for high dividend income. There is a bill in Congress proposing to tax these dividends at a higher rate. Tell your elected representative to vote NO on SB 1006 and HR 1672. Author: easankatir ...
Source: YouTube :: Tag // money
March 22, 2007 HR 1672, To amend the Internal Revenue Code of 1986 to deny ...
HR 1672 would amend the Internal Revenue Code of 1986 to deny qualified dividend income treatment to certain foreign dividends....








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