H.R. 1086
Offshoring Prevention Act
Referred to the House Committee on Ways and Means.
Sponsor
Rep. Cicilline, David N. [D-RI-1]
Bill Details
- Update Date
- Sep 27, 2021
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 1,086
- Congress
- 113
- Introduced Date
- Mar 12, 2013
- Policy Area
- Taxation
- Is Law
- No
Referred to the House Committee on Ways and Means.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
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.
Ways and Means Committee
Introduced in House
Mar 12, 2013