US HB5883 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 11 2014 - 25% progression, died in committee
Action: 2014-12-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 11 2014 - 25% progression, died in committee
Action: 2014-12-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Fair Tax for Repatriation Act - Declares that the federal tax on U.S. corporations earning profits abroad shall be a flat 5%. Makes the Department of the Treasury responsible for administering and enforcing such tax.
Title
Fair Tax for Repatriation Act
Sponsors
Rep. Steve Stockman [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2014-12-11 | House | Referred to the House Committee on Ways and Means. |
Subjects
Corporate finance and management
Foreign and international corporations
Income tax rates
Tax reform and tax simplification
Taxation
Taxation of foreign income
Foreign and international corporations
Income tax rates
Tax reform and tax simplification
Taxation
Taxation of foreign income
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/5883/all-info |
Text | https://www.congress.gov/113/bills/hr5883/BILLS-113hr5883ih.pdf |