Bill117th CongressFiled Apr 26, 2021Taxation
H.R. 2847
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Apr 26, 2021)
This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.
What just happenedApr 26, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Moore, Gwen [D-WI-4](D-WI)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees3actions2related bills5subjects
- Introduced in HouseApr 26, 2021
- Apr 26, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 26, 2021IntroReferralIntro-H
Introduced in House
- Apr 26, 2021IntroReferral1000
Introduced in House