legislation: 103-hr-4860

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
103-hr-4860 103 hr 4860 Foreign Tax Compliance Act of 1994 Taxation 1994-07-29 1994-07-29 Referred to the House Committee on Ways and Means. House Rep. Gephardt, Richard A. [D-MO-3] MO D G000132 31 Foreign Tax Compliance Act of 1994 - Amends the Internal Revenue Code to include in the taxation of controlled foreign corporations income attributable to imported property. Requires the separate application of limitations on the foreign tax credit for imported property income. Expresses the sense of the Congress that deficit reduction should be achieved in part by eliminating enforcement breakdowns that enable foreign-controlled corporations operating in the United States, and foreign persons investing in the United States, to pay no taxes. 2025-08-26T13:51:35Z  

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