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H.R. 1555

BillFederalHouseIn Committee
International Tax Competitiveness Act of 2013
About This Bill
Committee
Latest Action · April 15, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
April 15, 2013
Sponsor
Rep. Lloyd DoggettD
Cosponsors (26)
26D 0R
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Summary

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International Tax Competitiveness Act of 2013 - Amends the Internal Revenue Code to: (1) treat foreign corporations that are managed, directly or indirectly, within the United States as domestic corporations for U.S. tax purposes; (2) subject certain royalty income and income from intangibles received from a controlled foreign corporation to U.S. taxation; and (3) revise the tax treatment of property other than stock received in connection with a corporate reorganization (i.e., boot) to provide that such property shall be treated as a taxable dividend.

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