United States · Bill · HR
H.R. 4049 (99th)
A bill to preclude States from taking into account, under the unitary taxing method, the income of a corporation's foreign affiliates.
Introduced
23 January 1986
Last action
—
Status
Referred to Subcommittee on Monopolies and Commercial Law.
Sponsors
—
Subjects
Discovery layer
Source updated
30 June 2021
Summary
Amends the Internal Revenue Code to prohibit States from including in the gross income of a corporation any income attributable to the corporation's foreign affiliates, unless such foreign income is includible in the gross income of the corporation for Federal income tax purposes.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 23 January 1986
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4049
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4049