Corporate Tax Dodging Prevention Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Feb 7, 2013)
Corporate Tax Dodging Prevention Act - Amends the Internal Revenue Code, with respect to the taxation of the foreign-source income of domestic corporations, to: (1) eliminate the deferral of tax on the foreign-source income of U.S. corporations for taxable years beginning after December 31, 2013, (2) deny the foreign tax credit to large integrated oil companies that are dual capacity taxpayers, (3) limit the offset of the foreign tax credit to income that is subject to U.S. tax, and (4) treat foreign corporations managed and controlled in the United States as domestic corporations for U.S. tax purposes.
What just happenedFeb 7, 2013
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateFeb 7, 2013
- Feb 7, 2013IntroReferral
Read twice and referred to the Committee on Finance.
- Feb 7, 2013IntroReferral10000
Introduced in Senate