0
0

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.

6/29/2024, 8:05 AM

Current Status of Bill HR 8895

Bill HR 8895 is currently in the status of Bill Introduced since June 28, 2024. Bill HR 8895 was introduced during Congress 118 and was introduced to the House on June 28, 2024.  Bill HR 8895's most recent activity was Referred to the House Committee on Ways and Means. as of June 28, 2024

Bipartisan Support of Bill HR 8895

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8895

Primary Policy Focus

Alternate Title(s) of Bill HR 8895

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.
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.

Comments