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United States · Bill · HR

H.R. 5548 (97th)

A bill to amend the Internal Revenue Code of 1954 to eliminate double taxation of earnings and profits of certain foreign corporations.

referredUnited States· United States Congress· EN

Introduced

22 February 1982

Last action

Status

Referred to Subcommittee on Select Revenue Measures.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue code to exclude from the gross income of U.S. shareholders of controlled foreign corporations certain previously taxed earnings and profits of such corporations distributed to such shareholders as dividends.

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Documents

1 official file

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