A bill to amend the Internal Revenue Code of 1986 to treat controlled foreign corporations established in tax havens as domestic corporations.

Summary

Amends the Internal Revenue Code to treat certain controlled foreign corporations created or organized under the laws of a tax-haven country as domestic corporations for tax purposes. Sets forth a list of "tax-haven countries" and grants the Secretary of the Treasury authority to remove or add a country from such list.

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

Timeline

1. 13 April 2005

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 13 April 2005

   Introduced

   Sponsor introductory remarks on measure. (CR S3564-3565)

   Source: IntroReferral

3. 13 April 2005

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 1 February 2006

   Introduced

   Sponsor introductory remarks on measure. (CR S409)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 13 April 2005 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 13 April 2005

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 April 2005

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 13 April 2005

  Open at official source

Sponsors

• Rep. Dorgan, Byron L. [D-ND-At Large] · D · Sponsor
• Sen. Levin, Carl [D-MI] · D · Sponsor
• Sen. Feingold, Russell D. [D-WI] · D · Cosponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.