Permanent CFC Look-Through Act of 2014

H.R. 4464 · 113th Congress · Apr 10, 2014 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the look-through treatment of payments between related controlled foreign corporations.

Section 1 Look-through treatment of payments between related controlled foreign corporations made permanent

(a)

In general— Paragraph (6) of section 954(c) of the Internal Revenue Code of 1986 is amended by striking subparagraph (C).

(b)

Effective date— The amendment made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2013, and to taxable years of United States shareholders with or within which such taxable years of foreign corporations end.

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Apr 10, 2014viewing Reported in House Mr. Boustany (for himself, Mr. Kind, Mr. Reed, Mr. Schock, Ms. Jenkins, Mr. Tiberi, Mr. Pascrell, Mr. Larson of Connecticut, Mr. Young of Indiana, Mr. Matheson, and Mr. Crowley) introduced the following bill; which was referred to the Committee on Ways and Means See what changed
Apr 10, 2014 Introduced in House Mr. Boustany (for himself, Mr. Kind, Mr. Reed, Mr. Schock, Ms. Jenkins, Mr. Tiberi, Mr. Pascrell, Mr. Larson of Connecticut, Mr. Young of Indiana, Mr. Matheson, and Mr. Crowley) introduced the following bill; which was referred to the Committee on Ways and Means

Permanent CFC Look-Through Act of 2014

Section 1 Look-through treatment of payments between related controlled foreign corporations made permanent

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