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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Per-Country Minimum Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to increase the tax on certain global intangible income.

Actions Overview (1)

06/06/2018Introduced in House

All Actions (2)

06/06/2018Referred to the House Committee on Ways and Means.
Action By: House of Representatives
06/06/2018Introduced in House
Action By: House of Representatives

Cosponsors (6)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means06/06/2018 Referred to

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Subjects (1)

Latest Summary (1)

There is one summary for H.R.6015. View summaries

Shown Here:
Introduced in House (06/06/2018)

Per-Country Minimum Act

This bill modifies the tax treatment of foreign source income of domestic corporations to: (1) increase taxes that apply to global intangible income by reducing the deduction that is allowed under current law, (2) eliminate a provision that allows companies to deduct a portion of the tangible assets of their controlled foreign corporations (CFCs) before the tax on foreign income applies, and (3) require net CFC tested income to be determined on a country-by-country basis rather than globally.