HR 9808 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide for standards concerning the treatment of payments by oil companies to foreign countries for purposes of the foreign tax credits.

Introduced 1977-10-28· Sponsored by Rep. Corcoran, Tom [R-IL-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-10-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to limit the type of payments by vendors and purchasers of foreign oil or gas which qualify for the foreign tax credit.…

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