Summary: H.R.4535 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for H.R.4535. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/21/1981)

Amends the Internal Revenue Code to disallow any income tax deductions for activities of manufacturers of breastmilk substitutes which are inconsistent with the International Code of Marketing Breastmilk Substitutes as adopted by the World Health Organization. Reduces the amount of the foreign tax credit of manufacturers who violate such Code.