There is one summary for H.R.507. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/14/2009)

Amends Internal Revenue Code provisions relating to the tax deduction for dividends received by a U.S. corporation from a controlled foreign corporation to: (1) extend the applicability of such provisions to taxable years beginning after FY2008; and (2) reduce such deduction for corporations that do not maintain certain employment levels.