Fair Share Act of 2008
A bill to amend the Internal Revenue Code of 1986 and the Social Security Act to treat certain domestically controlled foreign persons performing services under contract with the United States Government as American employers for purposes of certain employment taxes and benefits.
Other Bill Titles (2 more) 3/13/2008--Introduced.
Fair Share Act of 2008 - Amends the Internal Revenue Code and title II (Old Age, Survivors, and Disability Insurance Benefits) of the Social Security Act to treat certain foreign subsidiaries of U.S. companies performing services under a contract with the U.S. go... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| March 13, 2008 |
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Blog Coverage
May 06, 2008 Statement of Senator Barack Obama on Closing Contractor Tax Loophole
In March, Obama and Senator John Kerry introduced the Fair Share Act of 2008 (S.2775), which would increase accountability and transparency of our tax system by closing a tax loophole to prevent Federal contractors from using foreign ...
April 25, 2008 Obama, Kerry team up to call for Senate investigation of tax ...
Recently, we introduced S. 2775, the Fair Share Act of 2008, which ends the practice of US government contractors setting up shell companies in foreign jurisdictions to avoid payroll taxes. Representatives Ellsworth and Emanuel also ...
Source: The Old Eighteen
March 12, 2008 Bill Introduced: S.2775 Fair Share Act of 2008
A bill to amend the Internal Revenue Code of 1986 and the Social Security Act to treat certain domestically controlled foreign persons performing services under contract with the United States Government as American employers for ...








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