To amend the Internal Revenue Code of 1986 to deny the foreign tax credit and deduction for taxes paid in lieu of income taxes.

Summary

Amends the Internal Revenue Code to repeal the foreign tax credit and the deduction for taxes in lieu of income, war profits, or excess profits taxes imposed by a foreign country or U.S. possession.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 24 April 1990

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 24 April 1990

   Introduced

   Introduced in House

   Source: IntroReferral

3. 24 April 1990

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 24 April 1990

  Open at official source

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Sponsors

• Rep. Traficant, James A., Jr. [D-OH-17] · D · Sponsor
• · hswm00 · Standing

Related records

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