HR 1430 · 114th Congress · Taxation

Permanent CFC Look-Through Act of 2015

Introduced 2015-03-18· Sponsored by Rep. Boustany, Charles W., Jr. [R-LA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 235.(2015-10-23)

Plain Language Summary

[AI summary unavailable — showing source text] Permanent CFC Look-Through Act of 2015 Amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 1430, Permanent CFC Look-Through Act of 2015

Sep 23, 2015

As ordered reported by the House Committee on Ways and Means on September 17, 2015

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (8)

4 Democrats4 Republicans