US HB4589 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 7 2014 - 25% progression, died in committee
Action: 2014-05-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 7 2014 - 25% progression, died in committee
Action: 2014-05-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Personal Holding Company Tax Parity and Reinvestment Act - Amends the Internal Revenue Code to exclude dividends received by a U.S. shareholder from a controlled foreign corporation from the definition of "personal holding company income" for purposes of personal holding company taxation.
Title
Personal Holding Company Tax Parity and Reinvestment Act
Sponsors
| Rep. David Reichert [R-WA] | Rep. Charles Boustany [R-LA] | Rep. Suzan DelBene [D-WA] | Rep. Doc Hastings [R-WA] |
| Rep. Denny Heck [D-WA] | Rep. Jaime Herrera Beutler [R-WA] | Rep. Duncan Hunter [R-CA] | Rep. Derek Kilmer [D-WA] |
| Rep. Rick Larsen [D-WA] | Rep. Jim McDermott [D-WA] | Rep. Cathy McMorris Rodgers [R-WA] | Rep. Linda Sanchez [D-CA] |
| Rep. Aaron Schock [R-IL] | Rep. Adam Smith [D-WA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-05-07 | House | Referred to the House Committee on Ways and Means. |
Subjects
Corporate finance and management
Interest, dividends, interest rates
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
Interest, dividends, interest rates
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/4589/all-info |
| Text | https://www.congress.gov/113/bills/hr4589/BILLS-113hr4589ih.pdf |
