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United States · Bill · HR

H.R. 3448 (112th)

Returning Investment to America Act of 2011

referredUnited States· United States Congress· EN

Introduced

16 November 2011

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Returning Investment to America Act of 2011 - Amends the Internal Revenue Code to allow an extension of the election allowed to domestic corporations to deduct dividends received from controlled foreign corporations (election may be made for any taxable year beginning before December 31, 2012).  Limits the amount of such deduction in any taxable year to the amount by which the domestic corporation increases its payroll and by the amount of its investment in depreciable business assets.

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Documents

3 official files

Introduced in House (text)

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Sources

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