Bill118th CongressFiled Jun 23, 2023Taxation
H.R. 4357
Permanent CFC Look-Through Act of 2023
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jun 23, 2023)
Permanent CFC Look-Through Act of 2023
This rule makes permanent the look-through rule for related controlled foreign corporations (CFCs). That rule provides that dividends, interest, rents and royalties one CFC receives from a related CFC are not treated as foreign personal holding company income (thus permitting the deferral of tax on such income).
What just happenedJun 23, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Tenney, Claudia [R-NY-24](R-NY)Sponsor
2 cosponsors2 D
2cosponsors1committees3actions
- Introduced in HouseJun 23, 2023
- Jun 23, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jun 23, 2023IntroReferralIntro-H
Introduced in House
- Jun 23, 2023IntroReferral1000
Introduced in House