H.R.62 - International Tax Competitiveness Act of 2011

To amend the Internal Revenue Code of 1986 to reduce international tax avoidance and restore a level playing field for American businesses. view all titles (2)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to reduce international tax avoidance and restore a level playing field for American businesses. as introduced.
  • Short: International Tax Competitiveness Act of 2011 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 4
  • All-Time: 3,310
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/05/11
 
 
 
 
 
 
 

Official Summary

International Tax Competitiveness Act of 2011 - Amends the Internal Revenue Code to: (1) treat foreign corporations that are managed, directly or indirectly, within the United States as domestic corporations for U.S. tax purposes; (2) make certain royalty income and income from intangibles

Official Summary

International Tax Competitiveness Act of 2011 - Amends the Internal Revenue Code to:
(1) treat foreign corporations that are managed, directly or indirectly, within the United States as domestic corporations for U.S. tax purposes;
(2) make certain royalty income and income from intangibles received from a controlled foreign corporation subject to U.S. taxation; and
(3) revise the tax treatment of property other than stock (i.e., boot) received in connection with a corporate reorganization to provide that such property shall be treated as a taxable dividend.

...Read the Rest


Latest Letters to Congress

See All Letters (1)
 


Vote on This Bill

100% Users Support Bill

10 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC