Bill Title: To amend the Internal Revenue Code of 1986 to provide that certain payments to foreign related parties subject to sufficient foreign tax are not treated as base erosion payments.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-06-28 - Referred to the House Committee on Ways and Means. [HB8895 Detail]

Text: Latest bill text (Introduced) [PDF]

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