This bill amends the Internal Revenue Code to limit the scope of downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2019-09-26 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
| 2019-09-26 | IntroReferral | Introduced in Senate | Library of Congress |