Offshoring Prevention Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 12, 2013)
Offshoring Prevention Act - Amends the Internal Revenue Code to include in foreign base company income, for purposes of determining the foreign trade income of controlled foreign corporations, imported property income. Defines "imported property income" as, with certain exceptions, income attributable to property manufactured outside of the United States and imported for sale into the United States. Provides for a separate application of limitations on the foreign tax credit for imported property income.
What just happenedMar 12, 2013
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMar 12, 2013
- Mar 12, 2013IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Mar 12, 2013IntroReferralIntro-H
Introduced in House
- Mar 12, 2013IntroReferral1000
Introduced in House