S 2050 · 107th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to treat nominally foreign corporations created through inversion transactions as domestic corporations.

Introduced 2002-03-21· Sponsored by Sen. Wellstone, Paul D. [D-MN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2002-03-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code by treating as domestic corporations foreign corporations created through inversion transactions. Defines "inverted domestic corporation."…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Sen. Dayton, Mark [D-MN]MN