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United States · Bill · HR

H.R. 4993 (107th)

No Tax Breaks for Corporations Renouncing America Act of 2002

referredUnited States· United States Congress· EN

Introduced

21 June 2002

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

No Tax Breaks for Corporations Renouncing America Act of 2002 - Amends the Internal Revenue Code to deny a foreign entity any reduced rate of withholding tax on any deductible foreign payment under any income tax treaty between the United States and the entity's country unless the entity is predominantly owned by residents of such country. Excepts specified conduit payments. Specifies what constitutes predominant ownership.

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Documents

3 official files

Introduced in House (text)

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