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H.R. 5473

BillFederalHouseIn Committee
Investing Income at Home Act of 2010
About This Bill
Committee
Latest Action · May 28, 2010
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
May 28, 2010
Cosponsors (3)
3D 0R
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Summary

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Investing Income at Home Act of 2010 - Amends the Internal Revenue Code to exclude from the definition of "personal holding company income" foreign affiliate dividends designated for reinvestment in the United States. Imposes an additional tax on such dividends if they are not reinvested in the United States within five years.

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