Close Tax Loopholes That Outsource American Jobs Act

Fact Sheet API

Bill Number

HR 5145

Introduced

Mar 1, 2018

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Corporate finance and management Foreign and international corporations Income tax deductions Taxation Taxation of foreign income U.S. and foreign investments

Full Text

View Full Bill Text

Votes

Summary

Close Tax Loopholes That Outsource American Jobs Act

This bill amends the Internal Revenue Code to repeal the tax deduction for a portion of a domestic corporation's foreign-derived intangible income and global intangible low-taxed income.

Actions

Mar 1, 2018

Referred to the House Committee on Ways and Means.
Mar 1, 2018

Sponsor introductory remarks on measure. (CR H1732-1733)
Mar 1, 2018

Introduced in House

Amendments

Related Bills