HR. 1911In Committee
To amend the Internal Revenue Code of 1986 to provide that certain payments to foreign related parties subject to sufficient foreign tax are not treated as base erosion payments.
Amend the Internal Revenue Code to exclude certain sufficiently taxed payments to foreign related parties from base erosion payment treatment
Plain-English overview
What this bill does
Amend the Internal Revenue Code to exclude certain sufficiently taxed payments to foreign related parties from base erosion payment treatment
Key points
- Amend base erosion payment rules
Current status
Where it stands
Status
In Committee
Latest action
2025-03-06 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation