S.1610 - American Shipping Reinvestment Act of 2009

A bill to amend the Internal Revenue Code of 1986 to repeal the shipping investment withdrawal rules in section 955 and to provide an incentive to reinvest foreign shipping earnings in the United States. view all titles (2)

All Bill Titles

  • Short: American Shipping Reinvestment Act of 2009 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to repeal the shipping investment withdrawal rules in section 955 and to provide an incentive to reinvest foreign shipping earnings in the United States. 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: 2
  • All-Time: 1,475
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
08/06/09
 
 
 
 
 
 
 

Official Summary

American Shipping Reinvestment Act of 2009 - Amends the Internal Revenue Code to: (1) repeal shipping investment withdrawal tax rules; and (2) allow U.S. corporate shareholders an election to deduct dividends attributable to foreign base company shipping income received from a controlled fo

Official Summary

American Shipping Reinvestment Act of 2009 - Amends the Internal Revenue Code to:
(1) repeal shipping investment withdrawal tax rules; and
(2) allow U.S. corporate shareholders an election to deduct dividends attributable to foreign base company shipping income received from a controlled foreign corporation.

...Read the Rest




Vote on This Bill

100% Users Support Bill

1 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC