To amend the Internal Revenue Code of 1986 to make the look-thru rule for related controlled foreign corporations permanent.

Bill HR 5240 is currently in the status of Bill Introduced since November 21, 2019. Bill HR 5240 was introduced during Congress 116 and was introduced to the House on November 21, 2019.  Bill HR 5240's most recent activity was Referred to the House Committee on Ways and Means. as of November 21, 2019